How long does it take to double your money? (Rule of 72)

Published: 08 November 2022
on channel: Jay Fairbrother
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677

The Rule of 72 is an easy way to determine how long it will take for any investment to double with compound interest. Just divide 72 by the rate of return you expect for the number of years to double. Very helpful when you face a question about taking $100,000 today or waiting to get $2 million in 7 years.

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