Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.&=1.01^{240}
Step 2: Substitute data for calculation.Step 1: Review the formula of compound interest final value.Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.
Step 2: Substitute data for calculation.&=1.01^{240}
Strategy guide 12-14
Strategy guide
Strategy guide
12-14
Strategy guide 12-14