whchoate1908 whchoate1908
  • 15-05-2018
  • Business
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When would you need to use the rule of 72?

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Katella
Katella Katella
  • 16-05-2018
The "Rule Of 72" is a simplified way to determine how long an investment will take to double, given a fixed annual rate of interest. By dividing 72 by the annual rate of return, investors can get a rough estimate of how many years it will take for the initial investment to duplicate itself.
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