Gilberto opened a savings account for his daughter and deposited $700 on the day she was born. Each year on her birthday, he deposited another $700. If the account pays 9.5% interest, compounded annually, how much is in the account at the end of the day on her 12th birthday? At the end of the day on her 12th birthday, the amount in the account is $. (Simplify your answer. Type an integer or a decimal. Round to the nearest cent if needed.)

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