The Rule of 72 is a shortcut or rule of thumb used to estimate the number of years required to double your money at a given annual rate of return and vice versa.

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Andy Smith is a Certified Financial Planner (CFP®), licensed ...

The rule of 72 is a shortcut investors can use to determine how long it will take their investment to double based on a fixed annual rate of return. To use the rule of 72, divide 72 by the fixed rate ...

Log-in to bookmark & organize content - it's free! The concept of the rule of law is introduced and described. This lesson has students view different interpretations and applications of the rule of ...