The "72 rule " is a simple way to quickly figure how much time it will take for an sum to increase at a given annual rate . Conversely, it can also help you know how much time it will take to pay off a obligation at a constant interest charge. Just split 72 by the finance charge to get your figure. For example, i… Read More


The "72 method " is a straightforward way to rapidly estimate how much time it will take for an amount to double at a given annual percentage . Conversely, it can also help you find out how much time it will take to eliminate a debt at a set lending charge. Just divide 72 by the interest charge to receive your ans… Read More


The "72 formula" is a straightforward technique to easily estimate how much time it will take for an amount to grow at a specific per annum rate . Conversely, it can also help you discover how much time it will take to eliminate a debt at a constant finance percentage . Just split 72 by the finance percentage to… Read More