answersLogoWhite

0


Best Answer

Sometimes. It depends on the interest rate. The rule of 72 will tell you when your investment will double.

Example(usage): you invest x dollars at 9% interest per year. 72/9 = 8
It will take 8 years for your investment to reach 2x at 9% annual interest.


The interest needed to double an investment in 10 years is:
72/x=10
7.2% interest


So if your investment had an annual interest rate of 7.2% it would double in 10 years.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do investments double every 10 years?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the rule 72?

Rule of 72 is a method that you can use to estimate the time your investments will double.I will give you the formulas and examples of how to apply them1) 72/interest=years2)72/years=interestExample 1: An investor is earning an interest of 10%. How many years will it take for her investments to double.Solution: 72/10= answerExample 2: An investor wants to double her money in 9 years, at what rate of interest must she earn for her investment to double in 9 years?Solution: 72/9=answer


US Census is every how many years?

each census is taken every 10 years


How often do they do a census?

I believe that the constitution states that one is to be done every 10 years.


7 of every 10 leap years occurs?

7 of 10 leap years occur every years?


How can i double an investment every ten weeks?

If you invest in any assets which yields 7.2% per week, then your investment will double. Rule of 72 states "The rule number (e.g., 72) is divided by the interest percentage per period to obtain the approximate number of periods (usually years) required for doubling." <><><> An investment that doubles in value every 10 weeks is generally a VERY risky investment. Safe investments will not normally have a rate of return of more than 500% a year.


What is the expression for every 10 years?

Every ten years=once a decade


What is the word for every 10 years?

Every decade


Members of the house of representatives are voted in every?

every 10 years


What is taken every ten years to determine representation?

a census is every 10 years


When was Reinet Investments created?

Reinet Investments was created on 2008-10-20.


The constitution requires that a national census be taken every four years?

It is every 10 years.


Every how many years are new scans of Google maps?

It might be every 10 years.