You are thinking about buying a savings bond. The bond costs $57 today and will mature in 13 years with a value of $114.
Posted: Fri Jul 01, 2022 7:51 am
You are thinking about buying a savings bond. The bond costs $57 today and will mature in 13 years with a value of $114. What annual interest rate will the bond earn? The bond will earn an annual rate of %. (Round to two decimal places.)