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Advice on Bond Calculator Ee

Find more information about Bond Calculator Ee at the best oniine resource site Teen Analyst.

Q: EE Savings Bond?
Hi I was just informed I had an EE Savings bond. I found a bond calculator to see how much it was worth if i cashed it and the results have baffled me. how can a $50 bond earn $35 of interest in 16 years but only be worth $59.56?? Can someone explain that to me?

A: Your savings bond was purchased for $25.00. After 30 years it will stop earning interest. You can check the interest rate by going to www.treasurydirect.gov It will ask you to put in the serial number and date. Hope this helps

Q: Future savings bond Calculator?
WITHOUT sending me to a website,
How much will a $10,000 dollar ee bond bought in 4/10 be worth in 4/40 at a rate of 1.5?
RATE OF 1.2 NOT 1.5

A: This is a simple compound interest formula problem. The compound interest formula is:

FV = PV X (1 + i)^n

FV is “future value” or the amount of money you will have after your investment matures
PV is “present value” what you have now
i is “the annual interest rate”
n is the number of years

FV is what we want to find
PV is $10,000
i is 1.2%
n is 30 years

FV = $10,000 X (1 + 0.012)^30

FV = $14,302

Note that a rate of 1.2% is the same as 0.012 because 1 “per cent” means 1 one-hundredth. So to convert you need to divide by 100.

Q: Which savings bond produces the most interest?
series EE, E, or I.

Can anyone give me a link to a savings bond calculator?

Thanks
i meant EE or I

A: Go to the Treasury Dept. website.

Q: How much are my $50 savings bonds worth?
I’ve gotton a couple $50 dollar savings bonds every year since 1990, just being curious i searched for a savings bonds calculator on google and put in one from 1990, it told me it was worth $65 dollars. Why would a $50 dollar savings bond be worth over $50? Is this accurate or should i go to the bank and ask them to calculate the value.
The bonds are series EE

A: Go to www.treasurydirect.gov/BC/SBCPrice

Enter the required information and click on calculate.
Using the calculator you can find out the exact value of each of your bonds.

Q: Should I cash in bonds to pay of debt?
We have 4 1000 EE Bonds. I used the Savings Bonds Calculator and all 4 equals about 2,000. The bonds range in date from 2000-2003. Three of the bonds are only earning about 2% and one is earning 4% for now. I was wondering if I should cash in the bonds to pay off some of my debt?
I don’t care about paying the taxes. We always get money back at the end of the year so it’ll just come out of that.

A: Angela,

Cashing in the bonds is certainly a possibility, but there are other options as well.

There’s a good article at eHow on steps to take to begin tackling your debt. Take a look at it:

http://www.ehow.com/how_2326032_avoid-escalating-debt.html
How to Stop Escalating Debt

You can also look here for tips on earning some extra cash online:

http://www.ehow.com/how_2254361_money-internet.html
How to make money on the internet, scam-free

Lastly, here’s an interesting alternative to conventional lending…getting a “social networking” loan from Virgin Money (from the same folks who run Virgin Airlines):

http://www.ehow.com/how_2310995_student-loan-through-virgin-money.html
Social Loans from Virgin Money

Hope these help.

Q: questions about savings bonds?
My pap collected bonds for me and my brother. I have ee from 92-98 and i from 99-09. They are all $50 bonds. I went on a bond calculator website and the ee bonds were purchased for $25 and the i were purchased for $50. The calculator totaled up to a little over $1100.

What I want to know is are these calculators accurate, and is that what i would get if i took them to a bank.

I don’t need the money right now and no one in my family knows how these work so I was also wandering what the best thing to do with them is? Like how long should i keep them.

A: The calculator should be right. The bank shouldn’t charge you any fee to redeem the bonds if you are a customer with them. As to whether you should cash them in you’ll need to consider what interest the bonds are drawing and how badly (if at all) you need the money. They will continue to gain value until they are 30 years old. So your first bonds will keep growing until 2022. If you still have the 1992 bond(s) in 2022 then you should redeem them because they won’t gain any more value. You might call the savings bond redemption unit and ask what the various bonds are earning right now and see how that compares to other things you can do with the bonds if you do cash them in. Also keep in mind that when you cash them in the interest earned is taxable income for that year.

Q: Can someone please explain this savings bond calculation?
I was given a series EE savings bond in the amount of $100.00 in 07/1991. I’ve used two different online calculators to estimate how much my bond is worth now (18 years later). This is the answer I received from both locations:

Series: EE
Denomination: 100
Issue Month: 7
Issue Year: 1991
Current Value: $128.92
Interest Earned: $78.92
Rate: 4.00%
Yield: 5.33%
Next Interest Date: 1/1/2010
Final Maturity Date: 7/1/2021

How is it that the bond earned $78.92 in interest but is only worth $128.92? It appears as if my $100 savings bond only earned a total of $28.92 over 18 years (which, IMO, is pathetic). Am I understanding the calculator incorrectly?

Thanks.

A: Who ever gave you the bond only paid $50.00 for it. that’s the difference.
The Banks have the official government calculations, you can call on on their 800 phone # and they should be able to give it to you. Hey 4%was nothing back in 1991 but it sure looks good now. Hold on to that bond unless you really need the $$

Q: are my EE bonds mature??
i’m confused if they are mature or not. i went on that calculator website and it said serial number and i don’t know where the serial is on this paper bond.

A: It is printed right on the bond. It would look something like L429274909EE.

The actual numbers and letters would be different for each bond, but hopefully, you get the idea

Q: savings bond question?
I dont understand the concept of a savings bond. I was given $100 to buy a bond for my daughter. I know I could either get one in the bank or online directly from the US Treasury. But how much could this bond be worth in 17 years? Would it be substantial? I did the calculator feature on the website and it said at a 2% interest it would increase $46 in 10 years. Is that it? I thought it would be more. Also what is the difference between type 1 and type ee? Thanks in advance!

A: Savings bonds are good and bad.

They are a neat way to get people to save. E-Bonds are for education.

However, they are at a set interest rate of gains and they only gain for a set period of time.

If your daughter is going to be 18 and going to college in 17 years, then you may want to keep it to pay tuition.

If you are going to keep them longer… cash them out after a couple years and invest the money into a long term Mutual Fund or other Growth fund you feel confident in.

Never mind the “Face Value” of these bonds… they cost only $50 at the time of purchase and only gain value over time… very little over a long time.

Good Questions, I hope this helps.

Good Luck!

Q: i put 1 as d and 2 as d and 4 as b and 7 as a and 9 as a and 11 as a and 12 as a and 14 as c and i got them wr?
1. If you have earned income, which of the following retirement devices must you contribute to, by law?
A. Pension plan
B. IRA
C. Social security (FICA)
D. Vesting plan

2. Car insurance that pays for your injuries when you’re in an accident in your car is _______.
A. comprehensive
B. liability
C. medical
D. collision
4. Which of the following devices imparts ownership in a corporation?
A. Stock
B. Bond
C. Savings account
D. U.S. Treasury Bill
7. Which of the following is intended primarily to enhance a person’s tax advantage and retirement income?
A. U.S. Savings Bond
B. Growth fund
C. Money market fund
D. IRA
9. What is the first step that a smart new-car buyer should take before talking to salespersons and putting a deposit on a car?
A. Shop around for a car loan.
B. Obtain car insurance.
C. Study the car market.
D. Test-drive the car.
11. The Emerson First National Bank is lending you money to buy a new car. The loan agreement will probably state that you must carry _______ insurance.
A. liability
B. collision
C. no-fault
D. medical

13. The major difference between a calculator and a computer, when performing calculations, is that a
A. calculator is faster but needs more human assistance.
B. calculator is slower and needs more human assistance.
C. computer is faster but needs more human assistance.
D. computer is slower but needs less human assistance.

14. Your _______ should furnish enough money to live on, in an emergency, for six months.
A. investments
B. savings
C. interest
D. IRA

15. Which of the following best describes term life insurance?
A. The insured is covered during his or her entire lifetime.
B. The insured pays the premium until his or her death.
C. The insured pays a premium for a specified number of years.
D. The insured can borrow or collect the cash value of the policy.
17. In a health insurance policy, a statement that an applicant won’t be covered for a certain pre-existing condition is called a/an
A. exclusion.
B. supplement.
C. waiting period.
D. major medical coverage.
20. A _______ is invested by managers in a diversity of stocks, bonds, and other securities.
A. series EE bond
B. promissory note
C. preferred stock
D. mutual fund

A: 1. W
2. T
3. F

Q: Homeschool, homework HELP in comsumer math pt.3 from penn foster?
1. If you have earned income, which of the following retirement devices must you contribute to, by law?

A. Pension plan
B. IRA

C. Social security (FICA)

D. Vesting plan

2. Car insurance that pays for your injuries when you’re in an accident in your car is _______.

A. comprehensive
B. liability

C. medical

D. collision

3. Jane Marko buys a car for $11,400.00. In three years, the car depreciates 48% in value. How much is the car worth in three years?

5. Ray Cupple bought a basic car costing $10,150.00, with options costing $738.00. There is a 6% sales tax in his state and a combined $50.00 license and registration fee. What was Ray’s total cost?

A. $10,938.00
B. $11,541.28

C. $11,547.00

D. $11,591.28

8. A share of stock in the Bree Medical Supply Company is quoted at 35 1/4 . Suppose you hold 20 shares of that stock, which you bought at 31 1/2. If you sold your stock at 35 1/4, which of the following would be true?

A. You made a profit of $75.00.
B. You suffered a loss of $75.00.

C. You made a profit of $705.00.

D. You suffered a loss of $630.00.

9. What is the first step that a smart new-car buyer should take before talking to salespersons and putting a deposit on a car?

A. Shop around for a car loan.
B. Obtain car insurance.

C. Study the car market.

D. Test-drive the car.

13. The major difference between a calculator and a computer, when performing calculations, is that a

A. calculator is faster but needs more human assistance.
B. calculator is slower and needs more human assistance.

C. computer is faster but needs more human assistance.

D. computer is slower but needs less human assistance.

15. Which of the following best describes term life insurance?

A. The insured is covered during his or her entire lifetime.
B. The insured pays the premium until his or her death.

C. The insured pays a premium for a specified number of years.

D. The insured can borrow or collect the cash value of the policy.

19. A master plan is devised for

A. emergencies.
B. investments.

C. short-term goals.

D. long-range goals.

20. A _______ is invested by managers in a diversity of stocks, bonds, and other securities.

A. series EE bond
B. promissory note

C. preferred stock

D. mutual fund

A. $3,800.00
B. $4,788.00

C. $5,472.00

D. $5,928.00

A: Please do not solicit answers on Y!A, as this is considered cheating.

If you need help, please contact the school at:

http://www.pennfoster.edu/contact_us.html

Penn Foster

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