what is the next big cryptocurrency to invest in 2021 Knowledge

Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.\begin{align*}\end{align*}

&=1.01^{240}Step 1: Review the formula of compound interest final value.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 2: Substitute data for calculation.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}\\