cryptocurrency is legal- Top snippets

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.Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.

Step 1: Review the formula of compound interest final value.Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.

\end{align*}Substituting r = 0.01 and n = 240 into the above formula, we can get: