Asked by Bettye

Please can someone help me set up this so I can work it out .Not sure the steps.


Clay brought a $500 series EE bond and redeemed it after 4 years for $329.20. How much interest did Clay earn?

Answers

Answered by scott
the bonds are bought for half of face value ... $250 in this case

bought for $250 ... sold for $329.20 ... how much interest?
Answered by Bettye
79.20 answer THANK YOU FOR THE HELP
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