bitcoin technology explained

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

F&=(1 + 0.01)^{240}\\Step 2: Substitute data for calculation.Step 1: Review the formula of compound interest final value.

&=1.01^{240}F&=(1 + 0.01)^{240}\\&=1.01^{240}