$1$

Refer back to the Series EE savings bonds we discussed at the very beginning of the chapter.

a$.$ Assuming you purchased a $$50$ face value bond, what is the exact rate of return you would earn if you held the bond for $20$ years until it doubled in value?

b$.$ If you purchased a $$50$ face value bond in $2019$ at the then current interest rate of $\mathrm{.}10$ percent per year, how much would the bond be worth in $2029?$

c$.$ In $2029,$ instead of cashing the bond in for its then current value, you decide to hold the bond until it doubles in face value in $2039.$ What rate of return will you earn over the last $10$ years?

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$\backslash$table$[[$a$.$ Original value,$$50$