different type of cryptocurrency, Overview

<time id="t6TKsQMA"> <font dropzone="EnzUx"> <del dropzone="POdg"></del> </font> </time> 2024-12-14 04:31:04

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


\begin{align*}Step 2: Substitute data for calculation.Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.


In the context of compound interest growth, if the initial value is set to P, the growth rate of each period is R, and the formula for calculating the final value F after N periods is F = P (1+R) N. In this topic, we mainly pay attention to the increase multiple, so we can regard the initial value as 1, where the growth rate of each trading day is r = 1\% = 0.01, and the number of periods passed is n = 240 trading days.\begin{align*}\end{align*}

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