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2024-12-14 09:04:32

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.If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?


Substituting r = 0.01 and n = 240 into the above formula, we can get:Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.\begin{align*}

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