You don’t need a finance degree to figure out how long it’ll take to double your money as an investor. The Rule of 72 offers a quick shortcut to estimate growth based on interest rates or, on the flip ...

The Rule of 70 is a mathematical formula used to estimate the time it takes for an investment or any quantity to double, given a fixed annual growth rate. This rule is used by investors and financial ...

Understanding the "Rule of 72" can help consumers see how quickly credit card debt can grow due to compound interest. The Rule of 72 is a simple formula to estimate how long it takes for debt to ...

For the climate-conscious, a marker of 72 may be good enough when you’re setting the thermostat. But when it comes to measuring money, the financially aware use lucky number 72 principally to ...

While the rule of 72 is a useful rule of thumb to estimate investment returns, using an online calculator or a compound growth formula may yield more accurate results. Read Full Article » ...

The Rule of 72 has likely made its way to many table conversations about money. It’s a simple, almost magical calculation ...

You’ve heard about it often enough, most likely when choosing a 401(k) investment, but compound interest can multiply your money. The name of the game with compound interest is time, and the more of ...

While saving money is never a bad idea, investing allows you to earn not only interest on your savings, but compound interest. “Compound interest works by earning interest on the interest already ...