Question: Use the formula for computing future value using compound interest to determine the value of an account at the end of 3 years da principal

Use the formula for computing future value using compound interest to determine the value of an account at the end of 3 years da principal amount of $2,500 is deposited in the account of an annual interest rate of 7% and the interest is compounded daily (Assume there are 365 days in a your) The amount ofter 3 years will be (Round to the nearest cent as needed.)

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