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Earn +20 ptsQ: How do you use rule of 72?
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When would you need to use the Rule of 72?
Leaving $1 dollar in the bank at 9% interest for 16 years
What is rule 72?
How long it will take for your money to double/divide the annual interest rate into 72.
Who came up with the rule of 72?
Benjamin Franklin came up with this equation.
What is the best diffinition for rule 72?
the number of years it takes for your money to double can be estomated by dividing 72 by the annual percentage interest rate.
What is the pattern rule for 2 12 72 432?
Multiply each value by 6.
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