Whole Network Credit Greatest Hits Housing Investing Kids Money & Pol... Retirement

 

Rule of 72

Filed in archive by andy on March 22, 2005

A: Compound Interest

Q: What did albert einsteinlinks think was the most powerful force in the universe?

Hey, if it works for Al it works for me too. The title of this article refers to a great little tool that let's you quickly determine how long it will take to double your money at a given interest rate. Simply divide 72 by the interest rate you expect to receive on an investment. Here's a sample:




























At an interest rate of: Your investment will double in:
3% 24.0 years
5 % 14.4 years
7% 10.3 years
10% 7.2 years
12% 6.0 years









Permalink: Rule of 72
Tags: finance  rule 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/5508

Related Entries:

Other Voices: Links for 5/21/06 - 22 May 2006

Other Voices: Links for 8/1/06 - 01 August 2006

MLS Introduce "Beckham Rule" - 12 November 2006

Global gag rule ... - 06 January 2007

Other Voices: Links for 3/6/07 - 06 March 2007

FDA Issued Final Rule on Dietary Supplements - 27 June 2007

Book Review: Rule the web - 08 July 2007

PGA Players Angered By New Rule - 14 January 2008

Players Propose New Cut Rule - 14 February 2008





RSSrss   | See all blog subscribe options
Google google   |   What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter
Grouptivity

Use the search to look for other interesting posts



 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give us a call at +1 (650) 331 4900.




  • Other blogs in the same channel in the Creative Weblogging Network







 

Tagcloud: About This Site Banking Blogging Issues Book Reviews Buying Stuff Careers and Money Charity Credit Economy Education Finance Financial Advisors Funny General Greatest Hits Happiness Health Housing Identity Theft Inspiration Investing Kids Marriage and Finance Money & Politics Other Voices Real Estate Retirement Saving Sponsored Post Taxes The Joneses Tools Travel Warren Buffett Zen