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2024-12-13 12:36:18

Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.Step 1: Review the formula of compound interest final value.


&=1.01^{240}\begin{align*}F&=(1 + 0.01)^{240}\\


\begin{align*}Step 1: Review the formula of compound interest final value.

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