The logic of buying bitcoin not iPhone Pro

To calculate how much $1,200 would grow over 30 years with a 55% year-over-year increase, we use the formula for compound growth:

[
A = P \times (1 + r)^t
]

Where:

• ( A ) is the amount after ( t ) years.
• ( P ) is the initial principal ($1,200).
• ( r ) is the annual growth rate (55% or 0.55).
• ( t ) is the number of years (30).

Substituting the values:

[
A = 1200 \times (1 + 0.55)^{30}
]
[
A = 1200 \times (1.55)^{30}
]

Now, let’s calculate this.

[
A \approx 1200 \times 442.086
]
[
A \approx 530,503.2
]

After 30 years, your $1,200 would grow to approximately $530,503.20 at a 55% year-over-year growth rate.