uses of crypto currency- Top Knowledge graph

Step 1: Review the formula of compound interest final value.1.01 {240} \ approximate 10.8926 is calculated by a calculator.Step 2: Substitute data for calculation.

&=1.01^{240}1.01 {240} \ approximate 10.8926 is calculated by a calculator.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\%.

Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.1.01 {240} \ approximate 10.8926 is calculated by a calculator.