digital currency eu Top People also ask

Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.\begin{align*}F&=(1 + 0.01)^{240}\\

&=1.01^{240}Step 2: Substitute data for calculation.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.

\end{align*}\end{align*}Step 1: Review the formula of compound interest final value.