My current salary is $65,000 per year, and I'm planning to retire 25 years from now. I'm anticipated that my annual salary will increase by $3,000 each year. (That is, in the first year he will earn $65,000, in the second year $68,000, in the third year $71,000, and so forth.) I'm planning to deposit 5% of my yearly salary into a retirement fund that will earn 7% interest compounded daily. What will be the amount accumulated at that time of my retirement?

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