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2024-12-14 04:50:32

\begin{align*}Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.The following is to calculate the increase of 240 trading days according to the daily increase of 2%, and calculate it through the calculator, 1.02 {240} \ approximate 115.8887.


&=1.01^{240}Step 2: Substitute data for calculation.&=1.01^{240}


Substituting r = 0.01 and n = 240 into the above formula, we can get:Step 2: Substitute data for calculation.Step 1: Review the formula of compound interest final value.

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