The Rule of 72 - How to Double Your Money

Do you want to quickly calculate how many years it will take you to double your investment based on its annual rate? Or the specific rate that would double your money in a given number of years? Does that feel like something hard that needs a complex calculator or spreadsheet? Fear not. With the rule of 72, some quick mental math or a few taps on your phone, you can get those answers easily. Use the Rule of 72 to quickly find out when investments will double in value. Get a BONUS formula to calculate when your investment will TRIPLE in value!