1.01 {240} \ approximate 10.8926 is calculated by a calculator.&=1.01^{240}Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.
\end{align*}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:&=1.01^{240}
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14
Strategy guide 12-14