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2024-12-13 12:35:18

Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.&=1.01^{240}&=1.01^{240}


Step 1: Review the formula of compound interest final value.&=1.01^{240}If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?


Step 2: Substitute data for calculation.\end{align*}

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