\begin{align*}Step 1: Review the formula of compound interest final value.Step 2: Substitute data for calculation.
Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.&=1.01^{240}Step 2: Substitute data for calculation.
1.01 {240} \ approximate 10.8926 is calculated by a calculator.Step 1: Review the formula of compound interest final value.