55. 2009 Federal Stimulus Package In February 2009, President Obama signed intolawa $787 billion federal stimulus package. At that time, 20-year Series EE bonds had a fixed rate of 1.3% compounded...

Extracted text: 55. 2009 Federal Stimulus Package In February 2009, President Obama signed intolawa $787 billion federal stimulus package. At that time, 20-year Series EE bonds had a fixed rate of 1.3% compounded semiannually. If the federal government financed the stimulus through EE bonds, how much would it have to pay back in 2029? How much interest was paid to finance the stimulus? Source: U.S. Treasury Department