digital cash transaction Top Reviews

2024-12-14 11:59:27

If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?\end{align*}Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.


\begin{align*}Substituting r = 0.01 and n = 240 into the above formula, we can get: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\%.


Substituting r = 0.01 and n = 240 into the above formula, we can get:Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.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\%.

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