A buyer of a futures contract in Imagination with an underlying value of £400,000 on 1 August is required to deliver an initial margin of 5 per cent to the clearing house. This margin must be maintained as each day the counterparties in the futures are marked to market.
Required
Display a table showing the variation margin required to be paid by this buyer and the accumulated profit/loss balance on her margin account in the eight days following the purchase of the future. (Assume that the maintenance margin is the same as the initial margin.)

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Day Value of Imaginationum (£000s) 390 410 370 450 420 400 360 410