bitcoin government regulation Top Top stories

If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?&=1.01^{240}Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.

Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.

The following is to calculate the increase of 240 trading days according to the daily increase of 2%, and calculate it through the calculator, 1.02 {240} \ approximate 115.8887.Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.Step 1: Review the formula of compound interest final value.