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Step 2: Substitute data for calculation.Substituting r = 0.01 and n = 240 into the above formula, we can get:\end{align*}


F&=(1 + 0.01)^{240}\\F&=(1 + 0.01)^{240}\\Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.


This means that after 240 trading days, the overall increase multiple is about 115.8887 times, which is converted into the form of increase percentage, and the increase is (115.8887-1)×100\% = 11488.87\%.Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.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.

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