2024-12-13 05:40:58
\end{align*}Step 1: Review the formula of compound interest final value.Step 1: Review the formula of compound interest final value.
Step 2: Substitute data for calculation.F&=(1 + 0.01)^{240}\\
Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.1.01 {240} \ approximate 10.8926 is calculated by a calculator.
Strategy guide 12-13
Strategy guide
Strategy guide
12-13
Strategy guide 12-13
Strategy guide 12-13