digital currency stock exchange Block

Step 2: Substitute data for calculation.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:Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.

\end{align*}F&=(1 + 0.01)^{240}\\