Step 1: Review the formula of compound interest final value.Step 2: Substitute data for calculation.Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.
If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?\begin{align*}
Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.Step 1: Review the formula of compound interest final value.If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14