\end{align*}\begin{align*}\end{align*}
We can use the formula for calculating the final value of compound interest to calculate the final increase under this continuous growth situation. The following are the specific steps:\end{align*}F&=(1 + 0.01)^{240}\\
F&=(1 + 0.01)^{240}\\F&=(1 + 0.01)^{240}\\
Strategy guide
Strategy guide
12-13
Strategy guide
Strategy guide
12-13
Strategy guide 12-13