Find the compound amount for the certificate of deposit. Assume daily compounding using the following table. Round
to the nearest cent. 
-Amount: $8,400
Rate: 5%
Years: 5
Definitions:
Low Expenses
Refers to minimized operating costs or outlays necessary for an entity to conduct its business activities.
Resource Maturity
The stage of development at which resources, such as technology or human skills, reach their highest potential of efficiency and effectiveness.
Survival
The ability of an entity, such as a business or organism, to continue living or operating despite challenging conditions or threats.
Success
The accomplishment of an aim or purpose, often measured by specific criteria in various contexts such as personal goals, business achievements, or academic performance.
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