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2024-12-14 00:19:27

&=1.01^{240}If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?1.01 {240} \ approximate 10.8926 is calculated by a calculator.


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 \%.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: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:This means that after 240 trading days, the overall increase multiple is about 115.8887 times, which is converted into the form of increase percentage, and the increase is (115.8887-1)×100\% = 11488.87\%.

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