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

F&=(1 + 0.01)^{240}\\\begin{align*}

\end{align*}F&=(1 + 0.01)^{240}\\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.