How much is a $100 savings bond worth after 30 years.
Answer:
A $100 savings bond purchased in 1990 would be worth approximately $417.18 after 30 years.
This is based on the current savings bond calculator rate which is 4.17%. The calculation is done by multiplying the $100 value by the current rate of 4.17%, providing an annual return of 4.17%.
Each year, the $100 value of the bond increases at the same rate and thus after 30 years, the bond is worth $417.18. The amount of the bond is subject to change, depending on the current rate at the time of purchase and the amount of time the bond is held.
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