Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Monetization
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
The Rule of 72 in Personal Finance
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Mika, post: 311410, member: 29399"] The Rule of 72 is a simple rule that tells you when your money is going to be doubled. This rule also tells you at what percentage should you invest your money so that it doubles in a certain time. Let me exemplify. Let’s say you have invested your money for a 12 percent annual return. According to the Rule of 72, you will have to divide 72 by 12 (interest rate). The result will be 6. So, your money will double in 6 years. If you invested for 10 percent, your money will double in 72/10 =7.2 years. If you want to calculate when it is going to be 3 X, instead of 72, try 114, and if you want to find out when it is going to be 4 X, use 144. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
The Rule of 72 in Personal Finance
Top