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Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.Substituting r = 0.01 and n = 240 into the above formula, we can get:&=1.01^{240}

This means that after 240 trading days, the overall increase multiple is about 10.8926 times, and the increase is (10.8926-1) \times 100\% = 989.26\%.This means that after 240 trading days, the overall increase multiple is about 10.8926 times, and the increase is (10.8926-1) \times 100\% = 989.26\%.Substituting r = 0.01 and n = 240 into the above formula, we can get:

Substituting r = 0.01 and n = 240 into the above formula, we can get:Step 1: Review the formula of compound interest final value.\begin{align*}