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2024-12-14 05:41:14

If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?Step 2: Substitute data for calculation.&=1.01^{240}


Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.\end{align*}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?F&=(1 + 0.01)^{240}\\Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.

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