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calculation

Rule Of 72

The Rule Of 72 The Rule of 72 is a simple formula that lets you estimate how long it will take an investment to double at a stated interest rate. You simply divide 72 by the prevailing interest rate. For example, if you’re investing $1,000 at a 6% rate, it will take 12 years for […]

Filed Under: News Articles Tagged With: calculation, computation, interest, interest rate, investment, rule of 72, tax calculation

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