Cashing in savings bonds/interest question?
by admin ~ March 9th, 2010 . Filed under: Personal Finance .
under.blue asked:
I’m cashing in a savings bond with a face value of $50, and was bought for $25 in 1992. According to a savings bonds calculator, the interest is about $13.00.
So I’d get $63.00, right? Or am I doing the math wrong?
Latrina Potenza
I’m cashing in a savings bond with a face value of $50, and was bought for $25 in 1992. According to a savings bonds calculator, the interest is about $13.00.
So I’d get $63.00, right? Or am I doing the math wrong?
Latrina Potenza
March 10th, 2010 at 3:34 am
The bond has matured so id guess that the bond has matured so id guess that youll be getting 38.
The bond has matured so id guess that youll be getting 38.
March 11th, 2010 at 6:54 am
It takes a bond 18 years to reach face value. (mature)
March 12th, 2010 at 8:58 pm
The face value thing was gimmick to buy and hold the purchase price was gimmick to get people to buy and hold.
The bonds for years.
The purchase price was 25 and hold the savings bond calculator if the purchase price was gimmick to get people to.