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2024-12-14 12:28:46

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.Substituting r = 0.01 and n = 240 into the above formula, we can get:\end{align*}


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:&=1.01^{240}Step 2: Substitute data for calculation.


F&=(1 + 0.01)^{240}\\F&=(1 + 0.01)^{240}\\

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