Bankrate on MSN
Rule of 72: What it is and how to use it
Here’s how the Rule of 72 works: Divide 72 by your expected annual interest rate (as a percentage, not a decimal). The answer is roughly the number of years it will take for your money to double. For ...
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Alternatives to the Rule of 72
The Rule of 72 is a simple calculation tool for investors to use, but it's not necessarily the most accurate. Here are some more precise options to try.
Facing higher interest rates? Discover how investing in selected Canadian insurance stocks can help you hedge risk and thrive during these times.
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