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

Question

Mathematics

Ciara English

31 March, 02:22

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

+3

Answers (1)

Know the Answer?

Jaida Foster · Answer 1

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 annually, 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.

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