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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.
What is -8 minus 28 -36?
It is so very simple and quick to get the answer, especially since, if you need it, you can use the calculator that comes with your computer. But since you are obviously not able to do so, the answer is -72.It is so very simple and quick to get the answer, especially since, if you need it, you can use the calculator that comes with your computer. But since you are obviously not able to do so, the answer is -72.It is so very simple and quick to get the answer, especially since, if you need it, you can use the calculator that comes with your computer. But since you are obviously not able to do so, the answer is -72.It is so very simple and quick to get the answer, especially since, if you need it, you can use the calculator that comes with your computer. But since you are obviously not able to do so, the answer is -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.
