For the following exercise, use the compound interest formula, A= P( 1 + r/n )^nt, , where money is measured in dollars.
An account is opened with an initial deposit of $8,500 and earns 3.7% interest compounded semi-annually for 35 years. How much more would the account have been worth if the interest were compounding weekly? (Round your answer to the nearest cent.)
Please explain the steps