Question

Tom Allan bought 3 Series EE savings bonds with a face value of $100 each. How much did he pay for the bonds?

A. $300
B. $200
C. $150
D. $100

Answer 1

Tom paid $300 for the bonds.

Step-by-step explanation:

To find out how much Tom Allan paid for the bonds, we need to multiply the number of bonds he bought by the face value of each bond. Tom bought 3 Series EE savings bonds with a face value of $100 each, so we multiply $100 by 3. This gives us a total of $300. Therefore, Tom paid $300 for the bonds.