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