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If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?Step 2: Substitute data for calculation.If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?

&=1.01^{240}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:Substituting r = 0.01 and n = 240 into the above formula, we can get:

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