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What is the formula for the rule of 72?

What is the formula for the rule of 72?
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What is the formula for the rule of 72?

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User Aritra
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1 Answer

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The formula for the rule of 72 is:

Number of years to double investment = 72 / annual interest rate

This formula provides an estimate of the number of years it takes for an investment to double in value, given a fixed annual interest rate.
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User EnzoR
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