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2024-12-13 10:25:21

Step 2: Substitute data for calculation.If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?


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:Step 2: Substitute data for calculation.Substituting r = 0.01 and n = 240 into the above formula, we can get:


F&=(1 + 0.01)^{240}\\This means that after 240 trading days, the overall increase multiple is about 10.8926 times, and the increase is (10.8926-1) \times 100\% = 989.26\%.\begin{align*}

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