Benjamin Franklin came up with this equation.
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Look up the "Rule of 72" via Google or any other good search engine
How long it will take for your money to double/divide the annual interest rate into 72.
the number of years it takes for your money to double can be estomated by dividing 72 by the annual percentage interest rate.
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.
Each step is nine less.