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The value of a $500 bond purchased in 1994 depends on several factors, including the bond's interest rate, its duration, and whether it has matured. If it is a savings bond, it may have accrued interest over the years, potentially making it worth more than its face value. To determine its current worth, one would need to check the specific bond type and its terms on the U.S. Treasury's website or consult a financial advisor.

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2mo ago

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