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Rule of 72: What it is and how to use it
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 ...
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What Is the Rule of 70 and How Do Investors Use It?
The rule of 70 is a calculation that estimates the number of years it takes for investments to double in amount at a specific, constant rate of return. It is frequently used when comparing investments ...
The rule of 72 is a shortcut investors can use to determine how long it will take their investment to double based on a fixed annual rate of return. To use the rule of 72, divide 72 by the fixed rate ...
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