digital currencies and cryptocurrencies, Reviews

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.Step 2: Substitute data for calculation.

\end{align*}Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.Substituting r = 0.01 and n = 240 into the above formula, we can get:

Substituting r = 0.01 and n = 240 into the above formula, we can get:&=1.01^{240}Substituting r = 0.01 and n = 240 into the above formula, we can get: