cyber currency stock, Knowledge graph

1.01 {240} \ approximate 10.8926 is calculated by a calculator.Step 1: Review the formula of compound interest final value.Substituting r = 0.01 and n = 240 into the above formula, we can get:

\begin{align*}\begin{align*}Step 2: Substitute data for calculation.

This means that after 240 trading days, the overall increase multiple is about 115.8887 times, which is converted into the form of increase percentage, and the increase is (115.8887-1)×100\% = 11488.87\%.Step 2: Substitute data for calculation.Step 2: Substitute data for calculation.