real bitcoin investment- Top Knowledge graph

If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?F&=(1 + 0.01)^{240}\\Step 1: Review the formula of compound interest final value.

Substituting r = 0.01 and n = 240 into the above formula, we can get: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}\\Step 1: Review the formula of compound interest final value.\end{align*}