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:&=1.01^{240}F&=(1 + 0.01)^{240}\\
Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.\end{align*}
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:Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.\begin{align*}
Strategy guide
12-13
Strategy guide
Strategy guide