The rule of 72. How to quickly find out how long it'll take you to double an investment.
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Do you want to know how long it'll take you to double an investment? Well the rule of 72 is an easy way to determine how long it'll take you to double your money. The rule of 72 helps you figure this out and it's really easy to do. Just take the number 72 and divide it by your interest rate. The answer is how many years it'll take you to double your investment. This is assuming that your compounding the interest on a yearly basis.
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