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'Rule Of 72' - How Long Does It Take To Double Your Money?
'Rule Of 72' - How Long Does It Take To Double Your Money? At first glance, a 7% return on your investment may not seem that impressive. Yet what if you heard that your money could double in roughly 10 years? In the graphic below, Visual Capitalist's Dorothy Neufeld and Sam Parker takes the rule of 72 shortcut and uses the more precise logarithmic formula to show how long it takes to grow your money at different annualized returns. Why it Pays to Know the Math Using the class
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