the bonds are bought for half of face value ... $250 in this case
bought for $250 ... sold for $329.20 ... how much interest?
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?
2 answers
79.20 answer THANK YOU FOR THE HELP