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2024-12-14 12:40:43

If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?&=1.01^{240}\end{align*}


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, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.


Step 2: Substitute data for calculation.Step 2: Substitute data for calculation.

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