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What is rule 72?
How long it will take for your money to double/divide the annual interest rate into 72.
What is the difference between the rule of 72 and 69 in timevalue of money?
Both are used to calculate the doubling period of an investment. However Rule of 69 is considered to be a more accurate way of calculating the doubling period Hope it helps
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 rule 24 48 72?
The 24-48-72 rule is a guideline often used in crisis management and communication. It suggests that organizations should respond to crises within 24 hours, provide updates within 48 hours, and offer a comprehensive resolution or follow-up within 72 hours. This approach helps maintain transparency, manage public perception, and restore trust effectively during challenging situations.
