Question

A savings bond functions most like which of the following?

A utility bill, which is repaid to the provider each month on a service plan
A loan to any government agency, which is repaid on an installment plan
A loan to the federal government, which is repaid to the creditor with interest
An individual credit card debt, which is never repaid and keeps earning interest

Answer 1

@jagr2713 @EclipsedStar

Answer 2

@TheSmartOne

Answer 3

I am thinking it's C

Answer 4

orB

Answer 5

@confluxepic @jagr2713

Answer 6

Savings bonds are an affordable, safe and convenient way for Americans to save. You can buy a savings bond for as little as $25.

The U.S. Department of the Treasury has issued savings bonds since 1935. When you buy a savings bond, you loan the amount you paid for the bond to the U.S. government. Over a period of time (up to 30 years), the savings bond earns interest. After 12 months, the savings bond can be cashed for its face value plus the interest it has earned.

http://www.treasurydirect.gov/readysavegrow/start_saving/savings_bonds.htm

Answer 7

"the savings bond earns interest."

Answer 8

Which option has interest in it?

Answer 9

You're correct Kayla :)

Answer 10

C and D

but I m thinking more of C

Answer 11

Me too.

Answer 12

@TheSmartOne
What do you mean she's correct? She said two different options.

Answer 13

Thnx guys :D

Answer 14

Why did I get 2 medals lol

Answer 15

o_0

Oh, I just noticed her second comment that said "orB"

Lol. :p

Answer 16

You're welcome. :)