For the following exercise, use the compound interest formula, A(t) = P(1 + ), where money is measured in dollars. An account is opened with an initial deposit of $7,500 and earns 3.1% interest compounded semi-annually. What will the account be worth in 40 years? (Round your answer to the nearest cent.) $ Additional Materials eBook Compound Interest [-/1 Points] DETAILS OSPRECALC1 4.1.032. MY NOTES PRACTICE ANOTHER For the following exercise, use the compound interest formula, A(t) = P(1 + ), where money is measured in dollars. An account is opened with an initial deposit of $9,500 and earns 3.1% interest compounded semi-annually for 40 years. How much more would the account have been worth if the interest were compounding weekly? (Round your answer to the nearest cent.) $ Additional Materials eBook Compound Interest