Step 2: Substitute data for calculation.If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?
If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?\end{align*}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\%.
Step 2: Substitute data for calculation.F&=(1 + 0.01)^{240}\\
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13