The Rule of 72 is a simple yet powerful tool for estimating how long it will take for an investment to double at a given annual compound interest rate. By dividing 72 by the interest rate, investors ...

You don’t need a finance degree to figure out how long it’ll take to double your money as an investor. The Rule of 72 offers a quick shortcut to estimate growth based on interest rates or, on the flip ...

For the climate-conscious, a marker of 72 may be good enough when you’re setting the thermostat. But when it comes to measuring money, the financially aware use lucky number 72 principally to ...

For most investors, one of the biggest questions is how long it will take for their hard-earned money to double. Whether you put your money in a Fixed Deposit (FD), Public Provident Fund (PPF), mutual ...

Growing up, I never really understood why my grandparents became so obsessive about money, how much they saved, and how much they were worth, but it was clear they were quite obsessed with money. Now, ...

While the rule of 72 is a useful rule of thumb to estimate investment returns, using an online calculator or a compound growth formula may yield more accurate results. Read Full Article » ...