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Old Jul 30, 2002 | 3:42 pm
  #42  
phoenixitc
 
Join Date: Oct 2000
Programs: AA - Lifetime Gold
Posts: 1,513
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by softwaremaker:
Question: If I buy a EE bond with a face value of $5,000 for a purchase price of $2500, how is the interest on this bond calculated?

Is it based on the face value (3.96% * $5,000) or is it based on the purchase price?</font>
$2,500

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