Step 1

Preheat oven to 325 degrees. Spray a 9X5-inch pan with cooking spray.

Step 2

In a medium bowl whisk together flour, baking powder, and salt.

Step 3

Using a stand mixer with a paddle attachment, cream butter and sugar together on high speed until light and fluffy, about 2 minutes.

Step 4

Add eggs one at a time, mixing well after each addition..

Step 5

Add sweetened condensed milk, vanilla extract, and almond extract and mix to combine.

Step 6

With mixer on low, add dry ingredients, scraping down the sides of the bowl to make sure everything is evenly mixed.

Step 7

Pour batter into prepared pan. Bake 60 minutes or until a toothpick inserted in middle comes out clean.

Step 8

Cool 10 minutes and then remove from pan to cool completely.