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1.01 {240} \ approximate 10.8926 is calculated by a calculator.Step 2: Substitute data for calculation.1.01 {240} \ approximate 10.8926 is calculated by a calculator.

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.If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?1.01 {240} \ approximate 10.8926 is calculated by a calculator.

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