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Rule of 72 Calculator Explained
5:04
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Rule of 72 Calculator Explained
The Rule of 72 is a simple formula used in finance to estimate the number of years it will take for an investment to double in value, based on a fixed annual rate of interest. Technically, it states that if you divide 72 by the annual rate of return, you get an approximate number of years for doubling. For instance, at a 6% return, dividing 72 ...
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