\begin{align*}\begin{align*}Substituting r = 0.01 and n = 240 into the above formula, we can get:
If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.1.01 {240} \ approximate 10.8926 is calculated by a calculator.
1.01 {240} \ approximate 10.8926 is calculated by a calculator.F&=(1 + 0.01)^{240}\\
Strategy guide 12-14
Strategy guide
12-14
Strategy guide