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Could you please elaborate on the claim that savings bonds double in value over a period of seven years? I'm curious to understand the basis for this assertion as it seems like a significant appreciation rate. Are there specific types of savings bonds that tend to achieve this growth? Are there any conditions or caveats that should be noted? It's important to clarify such claims, especially in the realm of finance and investing, to ensure accurate understanding and informed decision-making. Thank you for your time and clarification on this matter.
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