bank issued currency- Top Block

If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?1.01 {240} \ approximate 10.8926 is calculated by a calculator.

&=1.01^{240}Step 2: Substitute data for calculation.&=1.01^{240}

\end{align*}Step 2: Substitute data for calculation.If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?