investing






 

Question by  DrShamik (17)

How do you know the value of bonds?

I have several from over the years but don't know their values.

 
+6

Answer by  Kit (558)

Depends on the interest stated when it was issued. If you bought a $1000 bond, at 5% interest, for 5 years, you'll earn $10 per year, $50 for 5 years.

 
+5

Answer by  spaffman10000 (469)

You should contact the investment companies that they are held with, and ask for a valuation. They should be able to tell you over the phone.

 
+5

Answer by  diddy1 (110)

You can go online and use a savings bonds calclator or take it to a bank to find out. Savings bonds gain intrest over years so the longer you have them the more they are worth. I suggest keeping them for a while and gain as much intrest as possible!!!

 
+5

Answer by  fhahghag (190)

You need to calculate the value by using a formula taught in accounting. You basically use compounding method and divide by years.

 
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