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If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.\end{align*}

Step 1: Review the formula of compound interest final value.\begin{align*}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}\\F&=(1 + 0.01)^{240}\\F&=(1 + 0.01)^{240}\\