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Rule of 72 explained: estimate how fast money grows
The Rule of 72 is a simple yet powerful tool for estimating how long it will take for an investment to double at a given annual compound interest rate. By dividing 72 by the interest rate, investors ...
If you have ever wondered how long it will take for your savings or investment to double, there is a surprisingly easy way to ...
The Rule of 70 is a mathematical formula used to estimate the time it takes for an investment or any quantity to double, given a fixed annual growth rate. This rule is used by investors and financial ...
Wouldn’t it be great if you could quickly determine how much your savings will be worth in the future? Or how much you need to earn on your savings to reach a goal? [Sign up for stock news with our ...
While the rule of 72 is a useful rule of thumb to estimate investment returns, using an online calculator or a compound growth formula may yield more accurate results. Read Full Article » ...
・The Rule of 72 helps you quickly estimate how long it takes for money to double at a fixed annual return. ・Fees and inflation can sharply extend that timeline - your “real” doubling rate is often ...
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