Jun 5, 2010 #1 T Thomass1 New member Joined Jun 5, 2010 Messages 17 Reaction score 0 Points 1 The Treasury says it pays 1.17% interest on 3 year bonds Doe this mean Amount you invest say 10,000 10,000 times 1.17 to the power of 3 or does it mean 10,000 * 1.17
The Treasury says it pays 1.17% interest on 3 year bonds Doe this mean Amount you invest say 10,000 10,000 times 1.17 to the power of 3 or does it mean 10,000 * 1.17
Jun 5, 2010 #2 R raysor New member Joined Apr 18, 2008 Messages 17 Reaction score 0 Points 1 I expect, like most bonds, the interest is paid out periodically (once, twice a year). Therefore it would not compound. Unless you reinvested the interest of course (less commission)
I expect, like most bonds, the interest is paid out periodically (once, twice a year). Therefore it would not compound. Unless you reinvested the interest of course (less commission)