If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?\begin{align*}
Step 2: Substitute data for calculation.&=1.01^{240}1.01 {240} \ approximate 10.8926 is calculated by a calculator.
\end{align*}Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.\begin{align*}
Strategy guide 12-14
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14