If you invested $10,000 at 5% simple interest for 10 years, you would receive $500 in interest every year, for a total of $5,000 in earned interest at the end of year 10. This would make your total of ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Anthony Battle is a CERTIFIED FINANCIAL PLANNER™ professional. He earned the ...

Here’s how the Rule of 72 works: Divide 72 by your expected annual interest rate (as a percentage, not a decimal). The answer is roughly the number of years it will take for your money to double. For ...

Begin with the following formula:=PV*(1+R)^NEither write this formula in an Excel spreadsheet cell or elsewhere for reference. Enter the present value in an Excel spreadsheet cell in place of "PV," ...

Learn the Rule of 72 To Set Realistic Goals and Compare Investments Reviewed by Cierra Murry The Rule of 72 is one of investing's best mathematical shortcuts. By dividing 72 by an investment's ...

The world of finance can seem boring to many people, and it's true that the thought of accounting rules, tax laws, valuation formulas, and inventory management systems might put you to sleep. But ...