\end{align*}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.
Step 2: Substitute data for calculation.\begin{align*}F&=(1 + 0.01)^{240}\\
\end{align*}F&=(1 + 0.01)^{240}\\F&=(1 + 0.01)^{240}\\
Strategy guide
Strategy guide 12-13