\end{align*}F&=(1 + 0.01)^{240}\\F&=(1 + 0.01)^{240}\\
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?F&=(1 + 0.01)^{240}\\
Step 2: Substitute data for calculation.&=1.01^{240}&=1.01^{240}