karna11 Posted January 28, 2023 Report Share Posted January 28, 2023 @dasari4kntr intrest eppudu vastadi bro, check or DD ? Oct lo tesukonnavallaki Quote Link to comment Share on other sites More sharing options...
BMDablu Posted January 28, 2023 Report Share Posted January 28, 2023 14 minutes ago, karna11 said: @dasari4kntr intrest eppudu vastadi bro, check or DD ? Oct lo tesukonnavallaki The interest gets added to the bond's value I bonds earn interest from the first day of the month you buy them. Twice a year, we add all the interest the bond earned in the previous 6 months to the main (principal) value of the bond. That gives the bond a new value (old value + interest earned). Over the next 6 months, we apply the new interest rate to that entire new value. This is called semiannually compounding (adding value 2 times a year). That way, your money grows not just from the interest percentage but from the fact that the interest is calculated on a growing balance. 1 Quote Link to comment Share on other sites More sharing options...
dasari4kntr Posted January 28, 2023 Author Report Share Posted January 28, 2023 36 minutes ago, karna11 said: @dasari4kntr intrest eppudu vastadi bro, check or DD ? Oct lo tesukonnavallaki bro..i will respond tomorrow… weekend party lo full vunnany… Quote Link to comment Share on other sites More sharing options...
ARYA Posted January 28, 2023 Report Share Posted January 28, 2023 16 minutes ago, dasari4kntr said: bro..i will respond tomorrow… weekend party lo full vunnany… Please take care thata 1 Quote Link to comment Share on other sites More sharing options...
dasari4kntr Posted January 28, 2023 Author Report Share Posted January 28, 2023 2 hours ago, karna11 said: @dasari4kntr intrest eppudu vastadi bro, check or DD ? Oct lo tesukonnavallaki 2 hours ago, BMDablu said: The interest gets added to the bond's value I bonds earn interest from the first day of the month you buy them. Twice a year, we add all the interest the bond earned in the previous 6 months to the main (principal) value of the bond. That gives the bond a new value (old value + interest earned). Over the next 6 months, we apply the new interest rate to that entire new value. This is called semiannually compounding (adding value 2 times a year). That way, your money grows not just from the interest percentage but from the fact that the interest is calculated on a growing balance. Quote Link to comment Share on other sites More sharing options...
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