tokens currency, Knowledge graph

If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?Step 2: Substitute data for calculation.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\%.

\begin{align*}\end{align*}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\%.

Step 2: Substitute data for calculation.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:Step 1: Review the formula of compound interest final value.