The annualized return for lenders is calculated by consolidating all loans given and interest earned by lenders - after deducting MARLO’s fees or charges.
R - Annualized return
N - Total number of days since lending began
I - Accrued interest throughout the lending period
P - Outstanding principal at the end of the lending period
C - Cashflow through the lending period
The above inputs are gathered for the given lending period. We calculate the return for each lender – using the below formula.