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The Rule of 72

Posted by masteryourcard 1102 days ago, popular 1101 days ago (http://masteryourcard.com)
Category: Personal Finance | Tags: credit card debt finance money
he rule of 72 is used to calculate how long it will take an investment to double at a given interest rate. So, for example, let’s say you had $50,000 in an account that earned 4%, you would take 72/4 = 18. Therefore, it would take 18 years for your.
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