Created on Friday, 18 June 2010 10:44
Written by Samuel Goh Nai De
The Rule of 72 is an important rule of thumb in financial planning that can help an individual to calculate how fast his investments may grow and double in value. In other words, simply insert any rate of return, and it will determine how many years it will take for the individual’s money to double in value.
Read more: The Rule of 72