&=1.01^{240}\begin{align*}If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?
&=1.01^{240}\end{align*}&=1.01^{240}
1.01 {240} \ approximate 10.8926 is calculated by a calculator.F&=(1 + 0.01)^{240}\\\begin{align*}
Strategy guide
Strategy guide
Strategy guide
12-14
Strategy guide
12-14