The 'Rule of 72' is a shortcut method to estimate the: (a) Pre... | Filo
The 'Rule of 72' is a shortcut method to estimate the: (a) Pre... | Filo
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💡 Ever heard of the Rule of 72? It’s a simple way to figure out how long it’ll take your money to double—based on your rate of return. 📈 Just take 72 ÷ your interest rate = years to double your money. ✅ 10% return → 72 ÷ 10 = 7.2 years ✅ 6% return → 72 ÷ 6 = 12 years ✅ 3% return → 72 ÷ 3 = 24 years Now ask yourself: Is your money doubling fast enough? Or just barely growing? If you're not happy with your answer… it might be time for a better strategy. 👉 Comment or DM “72” and I’ll show you ho
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