Answer:
TRUE
Explanation:
Series EE Bonds are U.S. government savings bonds which usually double
in value over the initial terms or sell at half their face value. Although some Series EE bonds may pay interest beyond the due date.
Series EE savings bonds are low-risk savings bond products that pay interest until you are ready to cash them.
Example, a series EE bond that has a face value of $100 can be purchased at $50 which will reach the full face value after 20 years and will stop earning interest after 30 years.
Series EE savings bonds allow investors to buy bonds in much smaller denominations and it offer a safe way to save money due to the fact that they are purchased at a discount to their face value.
