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:
F&=(1 + 0.01)^{240}\\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*}
F&=(1 + 0.01)^{240}\\\begin{align*}F&=(1 + 0.01)^{240}\\
Strategy guide
Strategy guide
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