Answer:
D. may have significance to his personal life
Wartime spending is what brought the United States out of the Great Depression.
Well, they needed to pay off their national debt after the Revolutionary War, and a national bank was a perfect solution since they could invest within the people's money to open more banks and pay them back with the profits they earn and pay off all debts! c:
The treasury bond, that Emily's grandmother has bought, will reach its maturity date in 2050 because the maturity period of the treasury bond lies between 10-30 years.
<h3>What is the Treasury bond? What is its maturity period?</h3>
Treasury bonds are the long term US government debt securities, which has the maturity period of usually ten to thirty years.
It is one of the safest investment, which pay a fixed rate of interest every six months up to the time of maturity of the securities.
Treasury bill, treasury notes etc. are some of the treasury securities.
Learn more about the treasury bonds here:-
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