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We can use the formula for calculating the final value of compound interest to calculate the final increase under this continuous growth situation. The following are the specific steps:Step 2: Substitute data for calculation.Step 2: Substitute data for calculation.

\begin{align*}If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?\begin{align*}

&=1.01^{240}&=1.01^{240}Step 1: Review the formula of compound interest final value.