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If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?&=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\%.

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?F&=(1 + 0.01)^{240}\\

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