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Savings-Bonds-Alert: How long to double in value?

Monday, October 11, 2004

How long to double in value?

Is it true that a Savings Bond will double its value every seven years? Tom's response When interest rates were very high in the early 80s, there were a few issues that doubled in value in eight years. However, the Series EE Savings Bonds that you can buy today will take 20 years to double in value. An investment that doubles in value in seven years is earning about 10% a year, which would be a very good investment indeed in today's interest rate climate.


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