The RULE OF 72 Explained // How Long To Double Money with Compound Interest!

Описание: The Rule of 72 explained in plane English. This simple equation or formula shows you how long it will take to double your money with compound interest.

In this video we will be going over:
2:03 - What is The Rule of 72?
3:04 - How Long To Double Your Money
5:54 - Other Useful Rule 72 Examples

This rule dates back over 500 years! It shows & explains the true impact of compounding and compound interest. By the end of this video, you will know a quick and easy way to workout how long it takes for an investment to double your money at any given rate of return.

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