store of value cryptocurrencies Featured snippets

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

&=1.01^{240}Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.Step 2: Substitute data for calculation.

&=1.01^{240}Substituting r = 0.01 and n = 240 into the above formula, we can get:Step 2: Substitute data for calculation.