Question: How much did an old ( $ 16,700 ) EE savings bond cost when you initially purchased it? Assuming the bond earned 3.46 percent annually,
How much did an old \\( \\$ 16,700 \\) EE savings bond cost when you initially purchased it? Assuming the bond earned 3.46 percent annually, approximately how long did it take for the bond to reach its stated face value? When you initially purchase it, the EE saving bond did cost \\( \\$ \\quad \\) (Round to the nearest dollar.)
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