Double Your Money: The Rule of 72 Explained
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Double Your Money: The Rule of 72 Explained
How fast can you double your money? There’s a simple rule financial experts swear by — the Rule of 72. Just divide 72 by the rate of return. At 6%, it takes 12 years to double your money. At 8%, it’s 9 years. But… why does it work? 🤔 If you’ve ever wondered how compound interest *magically* makes your money grow faster, the Rule of ...
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