I imagine this has to do with daily compound interest — but it almost feels like I'm making installment payments. (sofi.com)
This calculator was designed based on the simple interest loan calculator above, but it involves daily compounding interest, and therefore negative amortization. (vertex42.com)
These products are for sophisticated investors who understand the risks (including the effect of daily compounding of leveraged investment results) and who intend to actively monitor and manage their investments on a daily basis. (fidelity.com)