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\end{align*}\begin{align*}

Substituting r = 0.01 and n = 240 into the above formula, we can get:F&=(1 + 0.01)^{240}\\Step 1: Review the formula of compound interest final value.

Step 2: Substitute data for calculation.&=1.01^{240}Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.