Substituting r = 0.01 and n = 240 into the above formula, we can get: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.Step 2: Substitute data for calculation.
Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.\end{align*}
F&=(1 + 0.01)^{240}\\If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?F&=(1 + 0.01)^{240}\\
Strategy guide
12-14
Strategy guide
12-14
Strategy guide 12-14