central cryptocurrency- Top Overview

Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.We can use the formula for calculating the final value of compound interest to calculate the final increase under this continuous growth situation. The following are the specific steps:Step 1: Review the formula of compound interest final value.

&=1.01^{240}Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.1.01 {240} \ approximate 10.8926 is calculated by a calculator.

F&=(1 + 0.01)^{240}\\We can use the formula for calculating the final value of compound interest to calculate the final increase under this continuous growth situation. The following are the specific steps:F&=(1 + 0.01)^{240}\\