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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.Step 2: Substitute data for calculation.
F&=(1 + 0.01)^{240}\\\begin{align*}
F&=(1 + 0.01)^{240}\\&=1.01^{240}Step 2: Substitute data for calculation.
Strategy guide
12-13
Strategy guide 12-13
Strategy guide
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
12-13
