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2024-12-14 12:38:05

Step 2: Substitute data for calculation.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}\end{align*}


1.01 {240} \ approximate 10.8926 is calculated by a calculator.Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.

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