2024-12-14 01:42:27
\begin{align*}Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.Step 1: Review the formula of compound interest final value.
\begin{align*}If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?\begin{align*}
Substituting r = 0.01 and n = 240 into the above formula, we can get:Step 1: Review the formula of compound interest final value.Substituting r = 0.01 and n = 240 into the above formula, we can get:
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14