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&=1.01^{240}&=1.01^{240}

1.01 {240} \ approximate 10.8926 is calculated by a calculator.The following is to calculate the increase of 240 trading days according to the daily increase of 2%, and calculate it through the calculator, 1.02 {240} \ approximate 115.8887.&=1.01^{240}

\end{align*}1.01 {240} \ approximate 10.8926 is calculated by a calculator.Step 1: Review the formula of compound interest final value.