\begin{align*}\end{align*}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.\end{align*}\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.F&=(1 + 0.01)^{240}\\
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14