different crypto markets- Top snippets

\end{align*}\end{align*}Step 1: Review the formula of compound interest final value.

\begin{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\%.1.01 {240} \ approximate 10.8926 is calculated by a calculator.

Step 2: Substitute data for calculation.&=1.01^{240}Substituting r = 0.01 and n = 240 into the above formula, we can get: