\begin{align*}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?
Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.F&=(1 + 0.01)^{240}\\F&=(1 + 0.01)^{240}\\
&=1.01^{240}This means that after 240 trading days, the overall increase multiple is about 10.8926 times, and the increase is (10.8926-1) \times 100\% = 989.26\%.This means that after 240 trading days, the overall increase multiple is about 10.8926 times, and the increase is (10.8926-1) \times 100\% = 989.26\%.