Step 2: Substitute data for calculation.\end{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.
Step 2: Substitute data for calculation.\begin{align*}Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.
&=1.01^{240}\end{align*}1.01 {240} \ approximate 10.8926 is calculated by a calculator.
Strategy guide
12-13
Strategy guide
Strategy guide
12-13