The 'Rule of 72' is a shortcut calculation which can be used to determine how long it will take for a person's investment to double. For this, the number of years is calculated by dividing 72 by the rate of return. Therefore, if the rate of return is 12%, the number of years to double an investment will be 6.
short by
Medhaa Gupta /
10:42 pm on
23 Aug