A depositor opens a new savings account with $4000 at 7% compounded semiannually. At the beginning of year 4, an additional $4000 is deposited. At the end of five years, what is the balance in the account? Click the icon to view some finance formulas. The balance in the account at the end of 5 years is $ (Do not round until the final answer. Then round to the nearest cent as needed.) A=P|1+ - C nt