Step 2: Substitute data for calculation.Step 2: Substitute data for calculation.\end{align*}
If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?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.
Step 2: Substitute data for calculation.\begin{align*}&=1.01^{240}
Strategy guide 12-13
Strategy guide
12-13
Strategy guide
12-13
Strategy guide
12-13
Strategy guide
12-13