Rule Of 72

外汇网2021-06-19 14:31:22 172

A rule stating that in order to find the number of years required to double your money at a given interest rate, you pide the compound return into 72. The result is the approximate number of years that it will take for your investment to double.

For example, if you want to know how long it will take to double your money at 12% interest, pide 12 into 72 and you get six years.