2024-12-14 10:25:33
Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.\begin{align*}
&=1.01^{240}We can use the formula for calculating the final value of compound interest to calculate the final increase under this continuous growth situation. The following are the specific steps:Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.
Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.F&=(1 + 0.01)^{240}\\Step 2: Substitute data for calculation.
Strategy guide
12-14
Strategy guide 12-14