Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.Substituting r = 0.01 and n = 240 into the above formula, we can get:\end{align*}
Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.
F&=(1 + 0.01)^{240}\\Substituting r = 0.01 and n = 240 into the above formula, we can get:1.01 {240} \ approximate 10.8926 is calculated by a calculator.
Strategy guide
12-13
Strategy guide 12-13