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2024-12-14 09:02:51

Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.\end{align*}&=1.01^{240}


This means that after 240 trading days, the overall increase multiple is about 115.8887 times, which is converted into the form of increase percentage, and the increase is (115.8887-1)×100\% = 11488.87\%.If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?Step 2: Substitute data for calculation.


\end{align*}Step 1: Review the formula of compound interest final value.Step 2: Substitute data for calculation.

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