The "rule of 72" is used to determine how long it might take for an investment to double in size. This is done by dividing 72 by the annual rate of return to give investors a rough...
Rule Of 72
A rule stating that in order to find the number of years required to double your money at a given interest rate, you divide the compound return into 72. The result is the approximate number of years that it will take for your investment to double....
In finance, the rule of 72, the rule of 70 and the rule of 69.3 are methods for
estimating an investment's doubling time. The rule number (e.g., 72) is divided by
A rule stating that in order to find the number of years required to double your
money at a given interest rate, you divide the compound return into 72. The result
In Youre Spending Your Millions $1 at a Time , you learned that compound interest has the power to turn seemingly small amounts into large fortunes if given enough time and the right rate of return. An investor that wanted to double his money in a certain number of ye... More »
The 'Rule of 72' is a simplified way to determine how long an investment will take
to double, given a fixed annual rate of interest. By dividing 72 by the annual ...
The Rule of 72 is a great mental math shortcut to estimate the effect of any growth
rate, from quick financial calculations to population estimates. Here's the ...
Rule of 72. Have you always wanted to be able to do compound interest
problems in your head? Perhaps not... but it's a very useful skill to have because
it gives ...
Do you know the Rule of 72?. It's an easy way to calculate just how long it's going
to take for your money to double. Just take the number 72 and divide it by the ...
Apr 25, 2015 ... How long does it take to double your money? You likely can have twice as much
wealth in 10 years, if you invest it in stocks, or 72 years if it ...