cbdc explained searches

Step 2: Substitute data for calculation.1.01 {240} \ approximate 10.8926 is calculated by a calculator.1.01 {240} \ approximate 10.8926 is calculated by a calculator.

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