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.\begin{align*}Substituting r = 0.01 and n = 240 into the above formula, we can get:
1.01 {240} \ approximate 10.8926 is calculated by a calculator.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.
1.01 {240} \ approximate 10.8926 is calculated by a calculator.Step 2: Substitute data for calculation.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