The rule of 72 is a simple and helpful math trick to help you calculate the number of years it will take to double your invested money. All it requires is a basic division problem that you can probably do in your head.
The rule of 72 is a simple and helpful math trick to help you calculate the number of years it will take to double your invested money. All it requires is a basic division problem that you can probably do in your head. The equation is: Number of years = 72 / compound annual interest