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For the following exercise, use the compound interest formula, A ( t ) = P ( 1 + r n ) n t , where

For the following exercise, use the compound interest formula, A(t)=P(1+rn)nt, where money is measured in dollars.
An account is opened with an initial deposit of $7,500 and earns 3.7% interest compounded semi-annually. What will the account be worth in 35 years? (Round your answer to the nearest cent) $
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