You can use- to roughly estimate how many years a given sum of money must earn at a given

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Emad Mohammed said abdalla
22-March-2015

compound annual interest rate in order to double that initial amount .

1) Rule415

2) the Rule of72

3) the Rule of78

4) Rule144

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Question ajoutée par Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date de publication: 2015/03/22

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par Vinod Jetley , Assistant General Manager , State Bank of India

2) the Rule of72

Divide72 by the rate of interest and get the number of years.

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par Utilisateur supprimé

AGreed to experts

Thank you

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par Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

>>>>>>>>>>>> 2) the Rule of72

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par Mir Mujtaba Ali , Internal Audit Manager , Confidential

2) the Rule of72 ................

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par Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

2) >>>>>>>>>>>>>>>the Rule of72

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par Wolf Klaas Kinsbergen , Managing Director, Designer , ingenieursbureau KB International NV

The 'Rule of72' is a simplified way to determine how long an investment will take to double, given a fixed annual rate of interest. By dividing72 by the annual rate of return, investors can get a rough estimate of how many years it will take for the initial investment to duplicate itself.

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par Elke Woofter , Project Assistant , American Technical Associates

I agree, with the answer the Rule of72

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par Dhawal Thakkar , Senior Engineer Projects , TDK Corporation

Rule of72

This is a rule stating that in order to find the number of years required to double your money at a given interest rate, you divide the compound return into 72. The result is the approximate number of years that it will take for your investment to double.