Money that is collecting interest in a bank account doubles in value every 8 years. When the account was opened, it had 8, or 23 dollars in it. After 32 years, the account balance has doubled 4 times, increasing by a factor of 24.It now has a balance of 23 ⋅ 24. Expressed as a power, how much money, in dollars, is in the account after 32 years?