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Step 1: Review the formula of compound interest final value.Step 2: Substitute data for calculation.Step 1: Review the formula of compound interest final value.

Substituting r = 0.01 and n = 240 into the above formula, we can get:F&=(1 + 0.01)^{240}\\&=1.01^{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.\begin{align*}