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Rule of 72
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0:44
YouTube
Everything Money with Tony Fehr
How the Rule of 72 Doubles Your Money (Explained Simply)
The Rule of 72 is a simple way to estimate how long it’ll take to double your money based on your rate of return. 📊 Just divide 72 by your interest rate, and you’ll get the number of years it takes for your investment to double. 💡 If your money isn’t growing, it’s shrinking—especially with inflation and taxes eating away at it ...
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