Business, 09.07.2021 23:30 alexandroperez13
Inflation-adjusted savings bonds purchased from May through October 2009 will earn 0% for the first six months. The fixed interest rate on these bonds is 0.1% and over the previous 6 months, inflation fell at an annual rate of 5.56%. The minimum interest rate on savings bonds is set at 0%.
Required:
Are these savings bonds a better deal than cash under the mattress?
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Inflation-adjusted savings bonds purchased from May through October 2009 will earn 0% for the first...
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