The rule of 72 is a shortcut technique to estimate the number of years it will take for your money to double with compounding interest. For example: If you are invested Rs. 100, then how much time it will take to double your money, If the rate of interest is 6%? So, according to rule of 72: 72 ÷ 6 i.e. 12 years.
Invite Friends & Colleagues
Post On