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Assume Bonita Industries deposits $96000 with First National Bank in an account earning interest at 6% per annum, compounded semi-annually. How much will Bonita have

Assume Bonita Industries deposits $96000 with First National Bank in an account earning interest at 6% per annum, compounded semi-annually. How much will Bonita have in the account after five years if interest is reinvested?

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