digital currency central bank, Knowledge

2024-12-14 11:26:41

This means that after 240 trading days, the overall increase multiple is about 10.8926 times, and the increase is (10.8926-1) \times 100\% = 989.26\%.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.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:


&=1.01^{240}&=1.01^{240}If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?


\begin{align*}Substituting r = 0.01 and n = 240 into the above formula, we can get:\end{align*}

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