Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.\end{align*}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\%.
Step 2: Substitute data for calculation.F&=(1 + 0.01)^{240}\\Substituting r = 0.01 and n = 240 into the above formula, we can get:
1.01 {240} \ approximate 10.8926 is calculated by a calculator.\begin{align*}Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.