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Assume Dolan Company deposits $200,000 with National Community Bank in an account earning interest at 6% per annum, compounded semi-annually. How much will Dolan have

Assume Dolan Company deposits $200,000 with National Community Bank in an account earning interest at 6% per annum, compounded semi-annually. How much will Dolan have in the account after five years interest is reinvested?

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