1.01 {240} \ approximate 10.8926 is calculated by a calculator.&=1.01^{240}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\%.
\end{align*}This means that after 240 trading days, the overall increase multiple is about 115.8887 times, which is converted into the form of increase percentage, and the increase is (115.8887-1)×100\% = 11488.87\%.&=1.01^{240}
\begin{align*}F&=(1 + 0.01)^{240}\\F&=(1 + 0.01)^{240}\\
Strategy guide
Strategy guide 12-13
Strategy guide
12-13