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2024-12-14 00:43:08

1.01 {240} \ approximate 10.8926 is calculated by a calculator.&=1.01^{240}Step 2: Substitute data for calculation.


\end{align*}Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.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\%.


Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.Step 1: Review the formula of compound interest final value.Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.

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