Question
If a United States Savings bond can be purchased for $38.50, has a maturity value of $100, and the compounding annual rate of return on
If a United States Savings bond can be purchased for $38.50, has a maturity value of $100, and the compounding annual rate of return on the bond is 4.15%, how long will it take the bond to be worth $100 (how many years to maturity)?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
