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2024-12-14 11:56:33

Step 2: Substitute data for calculation.F&=(1 + 0.01)^{240}\\F&=(1 + 0.01)^{240}\\


F&=(1 + 0.01)^{240}\\Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.\begin{align*}


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*}

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