Help
Course Catalog > Bonds > 100
Bonds 110: US Savings Bonds

Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!
Review your answers below to learn more.
1.
You can purchase a savings bond at ________.
Choose wisely. There is only one correct answer.
TreasuryDirect. You can buy a savings bond online at this location.
2.
The Series I savings bond combines a fixed interest rate with _______.
Choose wisely. There is only one correct answer.
An adjustable rate based on inflation. The purpose of this is to provide a return that keeps pace with inflation.
3.
If you invested in a Series EE bond in 1998, you can keep your initial investment earning interest in a tax-sheltered bond until ______.
Choose wisely. There is only one correct answer.
2028. Your Series EE bond will earn interest for 30 years.
4.
You can still purchase series HH savings bonds.
Choose wisely. There is only one correct answer.
False. You can no longer purchase series HH bonds.
5.
The US government established savings bonds to _______.
Choose wisely. There is only one correct answer.
Pay for expenses related to World War II. The US government began issuing savings bonds in 1941, using movies, posters, and other media to publicize the effort.
6.
If you redeem a Series EE savings bond that you have held for less than five years, _______.
Choose wisely. There is only one correct answer.
You will be penalized with the loss of three months' interest. This is the current penalty.