funfact.wiki
AboutGuidelinesTermsPrivacyContact

Content is available under CC BY-SA 4.0.

72 | funfact.wiki | funfact.wiki

72

The "Rule of 72" lets you quickly estimate compound interest. Divide 72 by the interest rate to find how many years it takes to double your money. At 6% annual return, 72 ÷ 6 ≈ 12 years to double. The actual result is 2.012×—remarkably accurate.
  • Compound interest
  • Mathematics
  • Finance
  • 72
  • Estimation
0

Add New Card

0/300
72