Wed, Jun 14, 2023
Rule of 72 is a trading method used by investors to determine and understand the time it will take for an investment to double based on the fixed annual rate of interest. The Rule of 72 is quite simple and straightforward and requires 72 to be divided by any financial instrument’s annual rate of interest. The result gives a rough estimate of the time it will take to double the investment’s value.
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Fri, May 27, 2022
What is Rule 72? How does it work? Swati Raina discussed this with Amit, Founder of Amitkukreja.com on the popular TV show 'Money Guru'.
Experts consider the 'Rule of 72' to be an accurate formula, through which it is decided that in how many days your investment will get double. How does Rule of 72 work? Watch Money Guru to know the method of Rule of 72 from Amit Kukreja.
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