How to Use the Rule of 72
wikiHowParidhi Jain
How to Use the Rule of 72
The Rule of 72 is a handy tool used in finance to estimate the number of years it would take to double a sum of money through interest payments, given a particular interest rate. The rule can also estimate the annual interest rate required...
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14K views · 42 reactions | 樂 Do you understand the Rule of 72? 樂 You've probably heard of it, but you might not know what it means or, more importantly, how it's used against you! Use this formula to calculate your own compounded interest. Better yet, understand how credit card companies and other financial institutions make insane amounts of money from you because of it. Get the guide to the Rule of 72 below! | Phil Town's Rule #1 Investing | Facebook
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14K views · 42 reactions | 樂 Do you understand the Rule of 72? 樂 You've probably heard of it, but you might not know what it means or, more importantly, how it's used against you! Use this formula to calculate your own compounded interest. Better yet, understand how credit card companies and other financial institutions make insane amounts of money from you because of it. Get the guide to the Rule of 72 below! | Phil Town's Rule #1 Investing | Facebook
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14K views · 42 reactions | 樂 Do you understand the Rule of 72? 樂 You've probably heard of it, but you might not know what it means or, more importantly, how it's used against you! Use this formula to calculate your own compounded interest. Better yet, understand how credit card companies and other financial institutions make insane amounts of money from you because of it. Get the guide to the Rule of 72 below! | Phil Town's Rule #1 Investing | Facebook
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