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It all depends upon the interest rate. The rate will change at least every year, but for planning purposes, use the rule of 72. Divide the interest rate into 72 and that will tell you how long it will take for it to double. If you are getting 4 percent now, and the interest rate does not change in the next 16 years, your intitial 2500 bond would be double. 4/72 equals 16.
What else can I help you with?
What is a government bond?
Government bonds are basically a debt owed by the government to the holder of the bond. The government who issued the bond pays interest on it (called the "coupon") just like any other debt, and at the repayment date of the bond (called "maturity") the debt has to be repaid in full. Government bonds are usually less risky than corporate bonds, but that isn't always the case. The safest government bonds have a AAA rating, like Australia, the United States, the United Kingdom, and Singapore.A bond is a loan document; the purchaser loans money to whoever issued the bond, receives interest payments on a schedule and receives the principal back at the maturity of the bond.A government bond is one sold by a government agency at some level. Government bonds sold by governments below the federal (cities, states, water districts, whatever) are called municipal bonds. Bonds sold by the federal government that make periodic interest payments are called Treasury notes, and bonds sold by the federal government at a discount from their face value, that do not make periodic interest payments but pay out the face value at maturity, are called Savings Bonds.
Why should one consider getting a bond fund?
There are a few different reasons one should consider getting a bond fund. A bond fund is issued by the government in order to help bolster the economy. They can only grow in value and it is a great way to make some money in a safer way than stocks.
What is an I bond?
An I bond is a savings bond issued by the U.S. Department of the Treasury, specifically designed to protect against inflation. Its interest rate is composed of a fixed rate and an inflation rate that adjusts every six months. I bonds can be held for up to 30 years and are considered a low-risk investment option.
How many calories does a child ages 1-12 need?
2000 to 2500 calories! they need to grow at these age! :]
How a rock grow?
A rock does not grow in the way an animal or human does. Instead over millions of years small particles of sand and older crushed rock are pushed together under the earths crust and after immense heat and presure means they bond and then form a rock.
What does the government not want you to grow?
Marijuana is illegal for the public to grow in the U.S..
What good is taming a wolf?
Taming a wolf will allow a bond to grow between you and the wolf. If a bond grows between you the wolf will become your friend.
Will you grow brestes at 10 years old?
Will I grow my brestes at 10 years old?
Why did the Persians grow unhappy with their government?
There is no basis for this statement. The Persian Empire lasted for two hundred years before being invaded and taken over by Macedonia.
How long can people grow?
People can grow for about 20 years.
How long does it take for a wisdom tooth to grow through the gum?
5 years for them to fully grow through! 5 years for them to fully grow through!
What is the role of the bond in a chemical reaction?
For a reaction to occur between two chemicals, by definition a bond has to grow between them. They become bonded together and form a new product.
