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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}\\\begin{align*}

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:Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.&=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\%.Step 2: Substitute data for calculation.Substituting r = 0.01 and n = 240 into the above formula, we can get: