Q7.15: Clara wants to invest for her future and is considering the purchase of savings bonds. Which of the following represents a benefit of purchasing savings bonds? A The interest earned on savings bonds compounds and earns interest on the interest and the principal. B You can cash the bond in 30 days after purchasing the bond. There is no penalty for early redemption of bonds. D Children can own savings bonds and use them to pay for their college education without paying tax when cashing the bond in