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2024-12-13 11:38:46
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This means that after 240 trading days, the overall increase multiple is about 10.8926 times, and the increase is (10.8926-1) \times 100\% = 989.26\%.\begin{align*}Substituting r = 0.01 and n = 240 into the above formula, we can get:


This means that after 240 trading days, the overall increase multiple is about 10.8926 times, and the increase is (10.8926-1) \times 100\% = 989.26\%.F&=(1 + 0.01)^{240}\\Substituting r = 0.01 and n = 240 into the above formula, we can get:


\begin{align*}F&=(1 + 0.01)^{240}\\Step 1: Review the formula of compound interest final value.

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