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:Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.
&=1.01^{240}\begin{align*}
Step 2: Substitute data for calculation.\begin{align*}Substituting r = 0.01 and n = 240 into the above formula, we can get:
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
12-13
Strategy guide 12-13