cryptocurrency technology- Top snippets

<em date-time="SAmN"> <address date-time="0oEyjn5G"> <sup dropzone="SRcwu47"></sup> </address> </em> 2024-12-14 11:31:13

\begin{align*}F&=(1 + 0.01)^{240}\\Step 2: Substitute data for calculation.


Step 2: Substitute data for calculation.Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.In the context of compound interest growth, if the initial value is set to P, the growth rate of each period is R, and the formula for calculating the final value F after N periods is F = P (1+R) N. In this topic, we mainly pay attention to the increase multiple, so we can regard the initial value as 1, where the growth rate of each trading day is r = 1\% = 0.01, and the number of periods passed is n = 240 trading days.


Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.In the context of compound interest growth, if the initial value is set to P, the growth rate of each period is R, and the formula for calculating the final value F after N periods is F = P (1+R) N. In this topic, we mainly pay attention to the increase multiple, so we can regard the initial value as 1, where the growth rate of each trading day is r = 1\% = 0.01, and the number of periods passed is n = 240 trading days.Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.

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