help please consumer math

Question

tom allan bought 3 series EE Savings Bonds with a fee value of $100 each. How much did he pay for the bonds?

Answer 1

I presume you mean face value, not fee value. The face value is twice the original purchase price. That value will be paid after maturity, which occurs for series EE bonds in 20 years.

Presuming these bonds were purchased on the date of issue, each would cost half of $100, or $50 each.

There such bonds would cost a total of $150.