2024-12-13 05:39:34
\begin{align*}\begin{align*}&=1.01^{240}
This means that after 240 trading days, the overall increase multiple is about 115.8887 times, which is converted into the form of increase percentage, and the increase is (115.8887-1)×100\% = 11488.87\%.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:\begin{align*}
\end{align*}Substituting r = 0.01 and n = 240 into the above formula, we can get:
Strategy guide
12-13
Strategy guide
12-13