digital currency quotes, Block

1.01 {240} \ approximate 10.8926 is calculated by a calculator.&=1.01^{240}F&=(1 + 0.01)^{240}\\

&=1.01^{240}\begin{align*}Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.

1.01 {240} \ approximate 10.8926 is calculated by a calculator.F&=(1 + 0.01)^{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: