When you receive a savings bond worth $100 you can cash it for $100 right away. true or false?

False, because it is a bond.

IT is a savings Bond and can't be cashed immediately  answer is FALSE

Explanation:

A Bond is a fixed income statement instrument that represents a loan made to Government or companies/corporations by individuals. issuing of bonds is a way Government raise money from the public to finance projects and in some point the investor will get paid back with some interest on his investment.

A savings Bond can be cashed out by logging into Treasury direct and following the instructions and the cash will be credited to your checking or savings account within 2 business days of redemption and not right away  

click the big logo on the top left of the screen.   hope this !

-ttl

answer; ///400 ibs;