Someone was recently asking me about the Rule of 72 – a simple method in Finance for estimating an investment’s doubling time. Divide 72 by the rate of return, and the answer is an estimate of the number of years…
Someone was recently asking me about the Rule of 72 – a simple method in Finance for estimating an investment’s doubling time. Divide 72 by the rate of return, and the answer is an estimate of the number of years…