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Investment: You put $505 into a certificate of deposit. Your simple annual interest rate is 4.2%. You receive a check for the interest at the
Investment: You put $505 into a certificate of deposit. Your simple annual interest rate is 4.2%. You receive a check for the interest at the end of each year. How many years will it take to earn $50 in interest? (Round your answer to 1 decimal place. )
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