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<font dropzone="jVoOUz"> <bdo dir="6uQGo9u"> <strong id="qkN0GdZr"></strong> </bdo> </font> 2024-12-13 05:27:08

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


1.01 {240} \ approximate 10.8926 is calculated by a calculator.F&=(1 + 0.01)^{240}\\


Step 1: Review the formula of compound interest final value.If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?1.01 {240} \ approximate 10.8926 is calculated by a calculator.

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