Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.&=1.01^{240}The following is to calculate the increase of 240 trading days according to the daily increase of 2%, and calculate it through the calculator, 1.02 {240} \ approximate 115.8887.
F&=(1 + 0.01)^{240}\\1.01 {240} \ approximate 10.8926 is calculated by a calculator.Step 2: Substitute data for calculation.
&=1.01^{240}1.01 {240} \ approximate 10.8926 is calculated by a calculator.Step 2: Substitute data for calculation.
Strategy guide 12-14
Strategy guide
12-14