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The Rule of 72: How to Quickly Estimate When Your Money Doubles
Want to know how many years it takes to double your money? The Rule of 72 gives you the answer in about five seconds of mental math. Here's how.
Varun Attri4 min read
2 stories
How markets and interest work in plain English: compound interest, the Rule of 72 and what today’s rates mean for your savings and debt.
Want to know how many years it takes to double your money? The Rule of 72 gives you the answer in about five seconds of mental math. Here's how.
Simple and compound interest sound similar, but one quietly makes you far richer (or poorer) over time. Here's the difference, with real numbers.