How much will a $41 comma 900 EE savings bond cost when you initially purchase it? Assuming the bond earns 2.44 percent annua

Question

3 years ago

15

How much will a $41 comma 900 EE savings bond cost when you initially purchase it? Assuming the bond earns 2.44 percent annua

lly, approximately how long will it take for the bond to reach its stated face value?
When you initially purchase it, the EE saving bond will cost $
nothing.

Mathematics

1 answer:

ExtremeBDS [4] · Answer 1 · 2022-10-16T12:34:14+03:00

Answer:

20 years

Step-by-step explanation:

The U.S. Treasury Department gives you a guarantee that your EE bonds will reach maturity in 20 years. However, some reach maturity sooner depending on their built-in interest rate. Before you move to cash in your bonds, check the issue date.

How much will a ​$41 comma 900 EE savings bond cost when you initially purchase​ it? Assuming the bond earns 2.44 percent​ annua

How much will a $41 comma 900 EE savings bond cost when you initially purchase it? Assuming the bond earns 2.44 percent annua