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3500\left(1+0.075\right)^{2}
Anything divided by one gives itself.
3500\times 1.075^{2}
Add 1 and 0.075 to get 1.075.
3500\times 1.155625
Calculate 1.075 to the power of 2 and get 1.155625.
4044.6875
Multiply 3500 and 1.155625 to get 4044.6875.