URL details: kishorepv.github.io/Going-beyond-the-Rule-of-72/
URL title:
Beyond the Rule of 72 – Kishore's Musings –
URL description:
The Rule of 72 is a useful shortcut to determine the approximate time required to double one's investment. By this rule, It takes roughly 72/r years to double your principal/investment, where r is the annual rate of compounding interest. So, with 12% p.a. interest rate (compounded annually), you can double your investment in 6 (72/12) years. The rule can also be used to calculate the rate of interest r required to double a sum of money in y years (r = 72/y). This is a useful rule. But, a general ru
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