Step 2: Substitute data for calculation.&=1.01^{240}
\begin{align*}\begin{align*}
&=1.01^{240}&=1.01^{240}Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14
Strategy guide 12-14