menu
Qammunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
What is the formula for the rule of 72?
Ask a Question
Questions
Unanswered
Tags
Ask a Question
What is the formula for the rule of 72?
asked
Nov 20, 2024
156k
views
4
votes
What is the formula for the rule of 72?
Business
high-school
Aritra
asked
by
Aritra
8.0k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
3
votes
The formula for the rule of 72 is:
Number of years to double investment = 72 / annual interest rate
This formula provides an estimate of the number of years it takes for an investment to double in value, given a fixed annual interest rate.
EnzoR
answered
Nov 25, 2024
by
EnzoR
8.4k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
No related questions found
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Categories
All categories
Mathematics
(3.7m)
History
(955k)
English
(903k)
Biology
(716k)
Chemistry
(440k)
Physics
(405k)
Social Studies
(564k)
Advanced Placement
(27.5k)
SAT
(19.1k)
Geography
(146k)
Health
(283k)
Arts
(107k)
Business
(468k)
Computers & Tech
(195k)
French
(33.9k)
German
(4.9k)
Spanish
(174k)
Medicine
(125k)
Law
(53.4k)
Engineering
(74.2k)
Other Questions
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity.org