Interest Rates and Bonds Quiz

What is the current interest rate for EE bonds?

• 2.50%

• 4.30%

• 3.00%

• 5.00%

What is the current interest rate for I bonds?

• 2.50%

• 4.30%

• 3.00%

• 5.00%

How often can the interest rate for I bonds change?

• Every month

• Every 6 months

• Every year

• Every 2 years

What is the guarantee for the value of a new EE bond at 20 years?

• It will be triple what you paid

• It will be double what you paid

• It will be the same as what you paid

• It will be half of what you paid

What is the guarantee for the interest rate of an I bond?

• It will never fall below zero

• It will always be above 5%

• It will be fixed for 10 years

• It will decrease every year

Tags

CCSS.7.RP.A.3

How often do EE and I bonds earn interest?

• Daily

• Monthly

• Quarterly

• Annually

Tags

CCSS.7.RP.A.3

What happens to the principal value of EE and I bonds every 6 months?

• It decreases

• It remains the same

• It is applied to a new principal value

• It is doubled

When do EE and I bonds stop earning interest?

• After 10 years

• When you cash in the bond or it matures

• After 5 years

• When the interest rate changes

Tags

CCSS.4.OA.B.4

What happens if you cash in an EE or I bond before 5 years?

• You gain 3 months interest

• You lose 3 months interest

• You gain 6 months interest

• You lose 6 months interest

Tags

CCSS.7.RP.A.3

What is the fixed interest rate for I bonds combined with?

• A variable interest rate

• An inflation rate

• A deflation rate

• A market rate

Tags

CCSS.8.EE.C.7B