Web Results

Rule of 72

en.wikipedia.org/wiki/Rule_of_72

Not to be confused with 72-year rule. 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.

Rule Of 72 Definition | Investopedia

www.investopedia.com/terms/r/ruleof72.asp

The rule of 72 is a shortcut to estimate the number of years required to double your money at a given annual rate of return. The rule states that you divide the rate ...

The Rule of 72 (with calculator) - Estimate Compound Interest

www.moneychimp.com/features/rule72.htm

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 ...

TheMint.org - Fun For Kids - The Power of 72

www.themint.org/kids/power-of-72.html

Take a closer look. You are 24 and have $3,000 in savings. You put it in an account that you expect to earn 8%. According to the Power of 72, it will take 9 years ...

Use the Rule of 72 to Understand Compound Interest | Gen X Finance

genxfinance.com/use-the-rule-of-72-to-understand-compound-interest/

If you want to quickly determine how long it will take for your money to double, the rule of 72 is all you need. Most people generally understand the concept of ...

3 Ways to Use the Rule of 72 - wikiHow

www.wikihow.com/Use-the-Rule-of-72

How to Use the Rule of 72. The Rule of 72 is a handy tool used in finance to estimate the number of years it would take to double a sum of money through ...

Primerica - The Rule of 72

www.primericacanada.ca/public/canada/rule-of-72.html

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 ...

Double Your Money with the Rule of 72 - Physician on FIRE

www.physicianonfire.com/double-your-money-with-the-rule-of-72/

Mar 28, 2016 ... The Rule of 72 will tell you how long it will take for your money to double at a given rate of return. 72 is the product if you like multiplication.

World Financial Group, Inc. » The Rule of 72

www.worldfinancialgroup.com/the-rule-of-72/

The Rule of 72* gives a rough estimate of the time it takes for it to double. Simply divide the number 72 by your investment's expected rate of return, and the ...

Rule of 72 for Doubling an Amount | AccountingCoach

www.accountingcoach.com/future-value-of-a-single-amount/explanation/8

Double Your Money: The Rule of 72. The Rule of 72 is a quick and simple technique for estimating one of two things: the time it takes for a single amount of  ...

Answer
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.... More »
More Info

What is the 'Rule of 72'? | Investopedia

www.investopedia.com

Jan 19, 2016 ... 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 ...

The rule of 72 for compound interest | Compound interest basics ...

www.khanacademy.org

Using the Rule of 72 to approximate how long it will take for an investment to double at a given interest rate.

The Rule of 72 – BetterExplained

betterexplained.com

Jan 25, 2007 ... 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.