Step 1 :Given: P = 53000, r = 0.027, n = 365, t = 20
Step 2 :Use the compound interest formula: A = P(1 + r/n)^(nt)
Step 3 :Calculate A: A = 53000(1 + 0.027/365)^(365*20)
Step 4 :A = 90946.54732793447
Step 5 :Round A to the nearest cent: \(\boxed{90946.55}\)