private central banking system Reviews

\end{align*}If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.

Step 1: Review the formula of compound interest final value.F&=(1 + 0.01)^{240}\\

&=1.01^{240}If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?