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Do savings bonds draw interest?
Yes
What was the average savings interest rate 1993?
The average interest rate on savings accounts is 3.5 to 4%
What is the average savings interest rate 2008-2009?
The average savings interest rate in banks is 3.5 to 4%
If Jim bought 8000 dollars worth of Canada Savings Bonds and cashed in 12000 dollars 5 years later what was the interest rate paid on these bonds?
According to my calculations the answer is 8.137%.
How could one get savings account interest rate calculation for free?
You could get the calculation of your interest rate in your savings account online. They have calculators online that can help you find your interest rate.
Do you want a high or low interest rate in a savings bond?
If you are investing in a savings bond, you wish for it to have a high rate of interest. If you are selling savings bonds, you wish it to be at a low rate of interest.
Where can I learn how to get started investing savings bonds?
You can make an appointment to speak to someone at your bank about their current interest rates and how long the terms are for the savings bonds they offer, and even find out the interest rates from several banks so you will get the best rate.
What economic strategy does the governmnet use to stimulate savings?
The government would most likely increase taxes if ti wanted to get more savings. Congress has broad taxation powers, and can easily come up with a taxation scheme to boost government revenue.
Do savings bonds draw interest?
Yes
What was the average savings interest rate 1993?
The average interest rate on savings accounts is 3.5 to 4%
What is the average savings interest rate 2008-2009?
The average savings interest rate in banks is 3.5 to 4%
Who is the best provider of High Interest Rate Savings Accounts?
WaMu is the best provider of High Interest Rate Savings Accounts.
If Jim bought 8000 dollars worth of Canada Savings Bonds and cashed in 12000 dollars 5 years later what was the interest rate paid on these bonds?
According to my calculations the answer is 8.137%.
What can one do with saving bonds?
Savings bonds can be bought and then kept as investments. They are a way of saving by lending the government money. They are a fairly reliable form of investment although they do not get a high rate of interest.
How could one get savings account interest rate calculation for free?
You could get the calculation of your interest rate in your savings account online. They have calculators online that can help you find your interest rate.
What are the best interest rates on savings in the greater Boston area?
The interest rate on savings is very similar around the country. In Boston the interest rate is .89%
What is the interest rate today on I bonds?
I-bonds have an annual rate of interest. The best way to find the current rate of interest for an I-bond is to go to the website www.treasurydirect.gov and look up the rate.
