A credit union client deposits $2,500 in an account earning 7% interest, compounded annually. What will the balance of the account be at the end of 21 years?

Enter the answer in dollars and cents, and round to the nearest cent, if needed. Do not include the dollar sign. For example, if the answer is $0.61, only the number 0.61 should be entered.

Balance ≈ $______________ after 21 years.