mike katz digital currency group

Step 1: Review the formula of compound interest final value.Step 2: Substitute data for calculation.&=1.01^{240}

\end{align*}1.01 {240} \ approximate 10.8926 is calculated by a calculator.Step 1: Review the formula of compound interest final value.

If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?\end{align*}\end{align*}