The Rule of 72

2017-04-12T12:05:13+08:00By |Investing, Self Development|

The rule of 72 is a quick mental calculation you can use to calculate the years or compounding investment returns % to double a sum of money.

the-rule-of-72

Calculate Years to Double Your Money at 8% Compounding Returns
Years to Double Your Money
= 72 / 8
= 9 years

Calculate Investment Returns % to Double Your Money over 3 years
Compounding Investment Returns %
= 72 / 3
= 24%

This formula is useful for calculating either time or rate of returns to double your money.

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