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If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?F&=(1 + 0.01)^{240}\\Step 1: Review the formula of compound interest final value.

\begin{align*}Step 2: Substitute data for calculation.

Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.Step 1: Review the formula of compound interest final value.&=1.01^{240}