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&=1.01^{240}1.01 {240} \ approximate 10.8926 is calculated by a calculator.\begin{align*}

Step 2: Substitute data for calculation.1.01 {240} \ approximate 10.8926 is calculated by a calculator.Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.

\end{align*}Therefore, according to the daily increase of 1\%, the increase is about 989.26\% after 240 trading days.