Understanding the Rule of 72: A Key to Investment Growth

The Rule of 72: Definition, Usefulness, and How to Use It

The Rule of 72: What It Is and How to Use It in Investing

📘 What is the Rule of 72? ____________________________ The Rule of 72 is a quick mental math shortcut to estimate how long it takes for an investment to double given a fixed annual rate of return. 💡 Examples Example 1: Savings Account - Annual interest rate: 6% - Calculation: 72div 6=12 - Result: Your money will double in about 12 years. Example 2: Stock Investment - Annual growth rate: 9% - Calculation: 72div 9=8 - Result: Your investment doubles in roughly 8 years. Example 3: High-Interest L

What Is Rule of 72? | Example and When to Use

Rule of 72 (How to Quickly Calculate IRR)