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F&=(1 + 0.01)^{240}\\Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.

\begin{align*}\end{align*}Step 1: Review the formula of compound interest final value.

F&=(1 + 0.01)^{240}\\Step 1: Review the formula of compound interest final value.Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.