The grandfather, he invested USD 500 (50,000 EP land) to open the first account in 2008. In 2009 that year, he earned CNY 20,000 and reinvest back again, after several years. Today he has more than 100 account ID number! Grandpa smiled and said: "After several years, he earned his robot for CNY 200,000". Robots work around the clock for grandpa how much money he earned? If the grandfather to start first account with 50,000 land package, after the second split, the price of the robot is 20RP, After twelve splitting, his invested USD 500 will Increase how many times? Up to date robot cost (RP) = Starting cost divided by the last split rate up to the third split rate 20RP ÷1.3÷1.26÷1.38÷1.49÷1.28÷1.52÷1.6÷1.7÷1.6÷1.5÷2.1÷2=0.11132RP Increase how many times = The last market price / up to date cost x Robot proportion of accounts. 20RP ÷ 0.11132RP x 0.513 = 92 times (Yearly an average of 1.9 times growth within seven years)
USD500 x 92 x CNY6.54 = CNY300,840
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