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Suppose $7000 is invested at an annual interest rate of 4% compounded daily for 3 yr. What is the accumulated amount in the account at

Suppose $7000 is invested at an annual interest rate of 4% compounded daily for 3 yr. What is the accumulated amount in the account at the end of the 3 yr? (Assume there are 365 days in a year. Round to two decimals.)

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