SIE Exam Question 446: Answer and Explanation

Question: 446

When is the interest on an EE savings bond paid?

  • A. Monthly.
  • B. Quarterly.
  • C. Annually.
  • D. When redeemed.

Correct Answer: D

Explanation:

D: EE savings bonds are sold at a discount and at maturity are redeemed at face value, which includes the interest income.

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