Rule of 72

What It Is:

A quick way to estimate how long it takes an investment to double.

How to Use It:

Example:

At 6% interest → 72 ÷ 6 = 12 years to double.

FAQs:

Is Rule of 72 exact?

It's an approximation — accurate for interest rates in the single digits to low teens.

Why It Helps:

Next Step: