digital currency conversion Featured

2024-12-14 00:03:38

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.&=1.01^{240}


This means that after 240 trading days, the overall increase multiple is about 10.8926 times, and the increase is (10.8926-1) \times 100\% = 989.26\%.&=1.01^{240}


We can use the formula for calculating the final value of compound interest to calculate the final increase under this continuous growth situation. The following are the specific steps:\begin{align*}Step 1: Review the formula of compound interest final value.

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