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The Power of Compounding (1 viewing)

#1352

liowkc (User)

Fresh Boarder

Posts: 25

The Power of Compounding 2008/05/27 06:14	Karma: 0
Apply the rule of 72 to compute how long it takes to double your investmemt. For example if the rate of return is 9% per year, take 72 divide by 9 = 8, then it takes approximately 8 years to double your money.

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