The Rule of 72 is a quick way to determine how long it will take an investment to double.
Divide the rate into 72 and the answer is the number of years it will take for your money to double.
So, for example, at the rate of
will double every
A $10,000 investment would grow
! What ending balance would you prefer to generate?
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When do we need to learn this concept?
Why don't they teach this in schools?
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