Researching current rates.docx
Savings Bonds: Name2057400182880When were savings bonds started in the us?List 3 purposes bonds have been issued for in our history:How did the government make it easier for American to purchase savings bond?Series EE bonds purchased by qualified taxpayers on or after Jan 1, 1990 are tax free if used to pay __________________.00When were savings bonds started in the us?List 3 purposes bonds have been issued for in our history:How did the government make it easier for American to purchase savings bond?Series EE bonds purchased by qualified taxpayers on or after Jan 1, 1990 are tax free if used to pay __________________.Savings Bonds Series EE If you received a savings bond in March of 1996- What is the current interest rate? ___________ %Series EE savings bonds interest rates may change twice a year- when does the treasury determine new rates? _______________________ and ____________________________.How often do they compound interest?________________________________What is the minimum amount of time you should hold on to your EE Savings Bonds?How long will series EE bonds earn interest?__________________________When would be the best time to cash in an EE bond?________________________EE bonds issued between May 1995 and April 1997?reach original maturity in ______ years.?Use RULE OF 72 to determine interest rate bond for those bonds. _____% a paper EE Bond costs ________its?face value. The bond starts to earn interest on _____________. Over time, with interest compounded every ____ months, the bond gets closer and closer to its face value.Treasury guarantees that an EE Bond will be worth at least its face value after the first ____ years.?Electronic bonds are sold at ______________________ They start to earn interest right away on the _________________________. Treasury guarantees that for an electronic EE Bond with a June 2003 or later issue date, after ____________ years, the redemption (cash-in) value will be at least twice the purchase price of the bond.Go to your bank website. If you do not have a bank use TEMPO BANK Find their current rates tab. Find the following information:savings accountmin. deposit $current rate:compounds:CD 36 monthmin. deposit $current rate:compounds:$5000 moneymarketcurrent rate:compounds:go to Calculate how much a $1000 36 month cd would be worth when it matures. ................
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