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Step 1: Review the formula of compound interest final value.F&=(1 + 0.01)^{240}\\

Step 1: Review the formula of compound interest final value.F&=(1 + 0.01)^{240}\\

Step 2: Substitute data for calculation.The following is to calculate the increase of 240 trading days according to the daily increase of 2%, and calculate it through the calculator, 1.02 {240} \ approximate 115.8887.1.01 {240} \ approximate 10.8926 is calculated by a calculator.