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F&=(1 + 0.01)^{240}\\1.01 {240} \ approximate 10.8926 is calculated by a calculator.\end{align*}

If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?&=1.01^{240}Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.

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