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How long does it take to double your money at 20 percent?

Anonymous

∙ 17y ago

Updated: 12/24/2022

Look up the "Rule of 72" via Google or any other good search engine

Wiki User

∙ 17y ago

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Continue Learning about Math & Arithmetic

How long will it take to double your money if it grows at 12 percent annually?

Six years at 12%

How long will it take 1000 to double 5.5 percent?

About 13 years at 5.5%

How long does it take 1300.00 to double at a rate of 4 percent?

17 years

How long would it take for your annuity to double at a 6 percent investment gain?

12 years.

How long does an investment earning 9 percent take to double in value?

8.0432 years (rounded) if compounded annually.

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Related Questions

How long will it take for your money to double in the bank at 4 percent interest?

It will take 18 years.

How long will it take to double your money if it grows at 12 percent annually?

Six years at 12%

How long does it take for 2000 dollars to double up at 6 percent on your money?

Twelve years at 6%

How long will it take to double your money at 8 percent interest rate and continuous compounding?

Nine years at 8%

How long will it take to triple your money at 4.6 percent?

There is what's called the "rule of 72" which states, you divide the percent into 72 and that tells you how log it takes to double your money. For example, 4.6 goes into 72 15.65 times. So, it would take 15.65 years to double your money. That's not too good of an investment. 72 ÷ 4.6 = 15.65

How long will it take 1000 to double 5.5 percent?

About 13 years at 5.5%

How long does it take 1300.00 to double at a rate of 4 percent?

17 years

How many years will it take for money to double at the effective rate of 8 percent?

9.0065 years.

How long will it take for prices to double if there is a three percent rate of inflation?

Prices will double in approximately 24 years with a three percent rate of inflation.

How long will it take for 750 to DOUBLE at 8 percent compound?

Nine years at 8%

How many years does it take you money to double if it earns 1 percent per year?

jo mama

How long would it take for your annuity to double at a 6 percent investment gain?

12 years.

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