Question: Homework: 8-3 MyFinanceLab: Assignment: Module Ei... Question 2, Problem P13... Part 1 of 2 HW Score: 0%, 0 of 50 points O Points: 0 of

 Homework: 8-3 MyFinanceLab: Assignment: Module Ei... Question 2, Problem P13... Part

Homework: 8-3 MyFinanceLab: Assignment: Module Ei... Question 2, Problem P13... Part 1 of 2 HW Score: 0%, 0 of 50 points O Points: 0 of 6 How much will a $42,200 EE savings bond cost when you initially purchase it? Assuming the bond earns 3.86 percent annually, approximately how long will it take for the bond to reach its stated face value? When you initially purchase it, the EE saving bond will cost $ (Round to the nearest dollar.)

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