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.
Well because Cows like water and there is no more water.
The experts can speculate, but nobody can tell how much anything will actually be worth in 10 years.
Which would you rather have, an investment that yields 10% on average, but sometimes -10% and sometimes 30%, or an investment that yields 10% on average, but always varies between 5% and 15%? Most people would prefer the 2nd investment, because it is less risky ... yet both investments have 10% average. Riskier investments give higher yields, because people need to be offered something extra for the risk they are taking on. Options are risky, hence are higher yield.
10 millon
10 years
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
each census is taken every 10 years
I believe that the constitution states that one is to be done every 10 years.
7 of 10 leap years occur every years?
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.
Every ten years=once a decade
Every decade
every 10 years
a census is every 10 years
Reinet Investments was created on 2008-10-20.
It is every 10 years.
It might be every 10 years.