An investor opens a long futures position in 3 contracts for…

An investor opens a long futures position in 3 contracts for palladium at a delivery price of $1,999 per oz. The size of one futures contract is 100 units. At the end of the first day of trading, the delivery price of the contract settled at $2,010. On the second day, the delivery price settled at $1,993. On the third day, the price settled at $1,981. What is the total gain/loss in their margin account over the three days (Assuming a margin call cannot be triggered)?

An investor opens a long futures position in 3 contracts for…

An investor opens a long futures position in 3 contracts for silver at a delivery price of $21 per oz. The size of one futures contract is 5,000 units. At the end of the first day of trading, the delivery price of the contract settled at $21. On the second day, the delivery price settled at $16. On the third day, the price settled at $19. What is the total gain/loss in their margin account over the three days (Assuming a margin call cannot be triggered)?