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Step 1: Review the formula of compound interest final value.\end{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?The following is to calculate the increase of 240 trading days according to the daily increase of 2%, and calculate it through the calculator, 1.02 {240} \ approximate 115.8887.\begin{align*}

\begin{align*}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?