\end{align*}If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?Substituting r = 0.01 and n = 240 into the above formula, we can get:
Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.Substituting r = 0.01 and n = 240 into the above formula, we can get:&=1.01^{240}
&=1.01^{240}Substituting r = 0.01 and n = 240 into the above formula, we can get:
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14