Sam purchased a certificate of deposit yielding 5 annually
Question: Sam purchased a certificate of deposit yielding 5% annually for $6,000. Today, it matured for $12,004.25. Approximately how many years did Sam own the certificate of deposit? (rounded to the nearest.000)
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question sam purchased a certificate of deposit yielding 5 annually for 6000 today it matured for 1200425 approximately
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