why do cryptocurrencies have value- Top Top stories

\end{align*}F&=(1 + 0.01)^{240}\\This means that after 240 trading days, the overall increase multiple is about 115.8887 times, which is converted into the form of increase percentage, and the increase is (115.8887-1)×100\% = 11488.87\%.

If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?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:\end{align*}

\end{align*}The following is to calculate the increase of 240 trading days according to the daily increase of 2%, and calculate it through the calculator, 1.02 {240} \ approximate 115.8887.1.01 {240} \ approximate 10.8926 is calculated by a calculator.