will digital currency replace paper money- Top snippets

&=1.01^{240}The following is to calculate the increase of 240 trading days according to the daily increase of 2%, and calculate it through the calculator, 1.02 {240} \ approximate 115.8887.The following is to calculate the increase of 240 trading days according to the daily increase of 2%, and calculate it through the calculator, 1.02 {240} \ approximate 115.8887.

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:Step 2: Substitute data for calculation.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:

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