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 […]

Tags: compounding, Investing, rule of 72, rule of 72 calculator, rule of 72 example, rule of 72 formula, rule of 72 proof, stock market, why does the rule of 72 work