Posts tagged ‘rule of 72 example’

Understanding the Rule of 72 and How It Applies to Investments

Updated: October 5, 2020 | Investing | 2 Comments

What is the “Rule of 72” and why do many financial advocates use it to convince people to invest? Today, we’ll take a closer look at this concept. The Rule of 72 is used in personal finance as a shortcut to calculate how many years an investment will double in value, given a fixed annual […]

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