Pretend you are a grandmother or grandfather and you give $100 to a grandchild. write a letter to your grandchild persuading him or her to buy a savings bond. be sure to let your grandchild know how the government is going to spend the borrowed money.

Dear Kiddo:

      I have left you one hundred dollars. All though I love you and want to see you happy, coming with this money is a catch. I encourage you to invest this money by purchasing a savings bond. I know the concept of this makes no sense at all to you at this time. At first, it made no sense to me either. So I looked into it and researched what exactly a savings bond is. Different types of bonds hold different time periods in which it takes for them to reach full value.

      The type of savings bond I would encourage you to use would be a Series 1. The interest that comes with this bond has two parts. The regular normal interest, and a rate of inflation interest. If the government has an inflation of 10% then the interest added to your bond will also be 10% plus the normal interest rate. Another plus that comes with this bond is that it will reach it's full value within a one year time period. Other bonds can take up to 10+ years to be of full value.

      Benefits that come with purchasing a savings bond can help fund the goverments employees salaries, including its soldiers, and it also helps pay for buildings, equipment needed. As well as ships and military equipment and bases needed for the military. If you need more info or help look into www.treasurydirect.org or talk to me and we can look into it together.

I hope I explained it to my best ability, and hopefully you get the main points and benefits for which I encouraged the choice of a savings bond.

                                                                               I love you bunches;

                                                                                                  Mama Hai <3

b would be the right answer

true

explanation: