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Rule of 72: What it is and how to use it
Here’s how the Rule of 72 works: Divide 72 by your expected annual interest rate (as a percentage, not a decimal). The answer is roughly the number of years it will take for your money to double. For ...
For many investors, doubling their initial investment is one of their main goals. As a result, this can be a significant step in securing their financial future. Using the principles of ...
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