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Does Money Double Every 7 Years? [Solved]
The most basic example of the Rule of 72 is one we can do without a calculator: Given a 10% annual rate of return, how long will it take for your money to double? Take 72 and divide it by 10 and you get 7.2. This means, at a 10% fixed annual rate of return, your money doubles every 7 years.
Does money double every 7 years?
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Does money double every 7 years?
Does money double every 7 years
How to double your money every 7 years-the power of compound interest
The power of compount interest when it comes to investing in shares or property. SUBSCRIBE? Just hit the subscribe button and …
