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1.01 {240} \ approximate 10.8926 is calculated by a calculator.If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?&=1.01^{240}

Substituting r = 0.01 and n = 240 into the above formula, we can get:\begin{align*}Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.

F&=(1 + 0.01)^{240}\\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.\begin{align*}