2024-12-13 18:22:06
Substituting r = 0.01 and n = 240 into the above formula, we can get:The following is to calculate the increase of 240 trading days according to the daily increase of 2%, and calculate it through the calculator, 1.02 {240} \ approximate 115.8887.
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:Substituting r = 0.01 and n = 240 into the above formula, we can get:
1.01 {240} \ approximate 10.8926 is calculated by a calculator.F&=(1 + 0.01)^{240}\\\end{align*}
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
12-13
Strategy guide
12-13