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2024-12-13 10:26:41

1.01 {240} \ approximate 10.8926 is calculated by a calculator.&=1.01^{240}


F&=(1 + 0.01)^{240}\\\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:


\end{align*}The following is to calculate the increase of 240 trading days according to the daily increase of 2%, and calculate it through the calculator, 1.02 {240} \ approximate 115.8887.F&=(1 + 0.01)^{240}\\

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