The Rule of 72 - Chelsea Groton Bank
The Rule of 72 can also be used backwards to learn the rate of return required to double your money in a certain number of years. So if your goal was to double your money in ten years, for example, you would divide 72 by ten. The result (7.2%) is the after-tax compound annual rate of return you would have to earn to meet your goal on time. ................
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