How Long Until Savings Bonds Reach Face Value?
A bond with an average annual interest rate of 5%, compounded semiannually, would reach face value in 14 1/2 years, whereas a bond with an annual interest rate of 6%, compounded semiannually, would reach face value in 12 years. How long does a $50 savings bond take to mature? Savings bonds, issued by the United […]
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