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2024-12-14 05:13:46

Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.&=1.01^{240}1.01 {240} \ approximate 10.8926 is calculated by a calculator.


Step 1: Review the formula of compound interest final value.Step 1: Review the formula of compound interest final value.Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.


\end{align*}Step 2: Substitute data for calculation.Step 2: Substitute data for calculation.

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