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2024-12-14 03:02:35 <em dir="fHJjr"> <small date-time="ERFOq"></small> </em>

Step 1: Review the formula of compound interest final value.\begin{align*}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.


If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?Step 1: Review the formula of compound interest final value.Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.


1.01 {240} \ approximate 10.8926 is calculated by a calculator.If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.

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