I have a $100 bond and I want to know its worth after 30 years. How much will this bond be valued at after such a long period of time?
5 answers
GyeongjuGloryDays
Wed Oct 30 2024
To determine the annual return, one multiplies the bond's value by this rate.
Federico
Wed Oct 30 2024
For a bond valued at $100, the calculation yields an annual return of 4.17%.
Lorenzo
Wed Oct 30 2024
This means that each year, the bond's value increases by 4.17%.
Elena
Wed Oct 30 2024
Over a period of 30 years, this compounding growth results in the bond being worth $417.18.
Tommaso
Wed Oct 30 2024
The savings bond calculator rate stands at 4.17% currently.