Question: Find the principal P that will generate the given future value A, where A=$13,000 at 7% compounded daily for 11 years. The principal P will

Find the principal P that will generate the given future value

Find the principal P that will generate the given future value A, where A=$13,000 at 7% compounded daily for 11 years. The principal P will be approximately $ (Round to two decimal places as needed.)

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