digital token vs cryptocurrency Top See results about

Substituting r = 0.01 and n = 240 into the above formula, we can get:Step 1: Review the formula of compound interest final value.1.01 {240} \ approximate 10.8926 is calculated by a calculator.

Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.\begin{align*}

Step 2: Substitute data for calculation.1.01 {240} \ approximate 10.8926 is calculated by a calculator.