the coindesk, Top

Substituting r = 0.01 and n = 240 into the above formula, we can get:\end{align*}1.01 {240} \ approximate 10.8926 is calculated by a calculator.

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

\end{align*}1.01 {240} \ approximate 10.8926 is calculated by a calculator.\begin{align*}