Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.\end{align*}1.01 {240} \ approximate 10.8926 is calculated by a calculator.
Substituting r = 0.01 and n = 240 into the above formula, we can get:1.01 {240} \ approximate 10.8926 is calculated by a calculator.F&=(1 + 0.01)^{240}\\
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\%.\end{align*}
Strategy guide
Strategy guide
12-14