most valuable crypto coins Related searches

\begin{align*}If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?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\%.

Step 1: Review the formula of compound interest final value.If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?

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