UNLOCK THE SECRET OF GROWING YOUR MONEY.

Current inflation Rate: 8%

Calculation: 72 / 8 = 9 yrs

Results: In 9 years, your $10,000 will only be worth $5000 in today's dollars.

How accurate is it?

The rule of 72 works best for interest rates between 6% and 10%. If your rate is outside this range you can tweak the formula a bit. Just add or subtract 1 from 72 for every 3% the rate is away from 8%.

Tweaking the rule

Interest rate: 11% ( which is 3% higher than 8% )

Adjust the rule: 72 + 1 = 73. then in this case use 73 instead of 72

Calculation: 73 / 11 = 6.6 years to double your money

Interest rate: 5% ( Which is 3% lower from 8% )

Adjust the rule: 72 - 1 = 71. then in this situation, we use 71 instead of 72

Calculation: 71 / 5 = 14.2 years to double your money.

The impact of small changes. [small changes have big effects: Albert Einsten]

It is important to realize that even the slightest changes to your interest rates can dramatically alter your money’s growth rate. That is simple when it comes to compounding of interest it works like magic. Therefore, using the rule of 72, you can maximize the returns on your invested funds, and make better investment choices.

So next time you're thinking of your savings or investments, see how the rule of 72 can help in the decision-making. Essentially, it is a basic application that can make your financial picture clear and help to become financially prosperous, quicker. Happy saving!

Current inflation Rate: 8%

Calculation: 72 / 8 = 9 yrs

Results: In 9 years, your $10,000 will only be worth $5000 in today's dollars.

How accurate is it?

The rule of 72 works best for interest rates between 6% and 10%. If your rate is outside this range you can tweak the formula a bit. Just add or subtract 1 from 72 for every 3% the rate is away from 8%.

Tweaking the rule

Interest rate: 11% ( which is 3% higher than 8% )

Adjust the rule: 72 + 1 = 73. then in this case use 73 instead of 72

Calculation: 73 / 11 = 6.6 years to double your money

Interest rate: 5% ( Which is 3% lower from 8% )

Adjust the rule: 72 - 1 = 71. then in this situation, we use 71 instead of 72

Calculation: 71 / 5 = 14.2 years to double your money.

The impact of small changes. [small changes have big effects: Albert Einsten]

It is important to realize that even the slightest changes to your interest rates can dramatically alter your money’s growth rate. That is simple when it comes to compounding of interest it works like magic. Therefore, using the rule of 72, you can maximize the returns on your invested funds, and make better investment choices.

So next time you're thinking of your savings or investments, see how the rule of 72 can help in the decision-making. Essentially, it is a basic application that can make your financial picture clear and help to become financially prosperous, quicker. Happy saving!

Current inflation Rate: 8%

Calculation: 72 / 8 = 9 yrs

Results: In 9 years, your $10,000 will only be worth $5000 in today's dollars.

How accurate is it?

The rule of 72 works best for interest rates between 6% and 10%. If your rate is outside this range you can tweak the formula a bit. Just add or subtract 1 from 72 for every 3% the rate is away from 8%.

Tweaking the rule

Interest rate: 11% ( which is 3% higher than 8% )

Adjust the rule: 72 + 1 = 73. then in this case use 73 instead of 72

Calculation: 73 / 11 = 6.6 years to double your money

Interest rate: 5% ( Which is 3% lower from 8% )

Adjust the rule: 72 - 1 = 71. then in this situation, we use 71 instead of 72

Calculation: 71 / 5 = 14.2 years to double your money.

The impact of small changes. [small changes have big effects: Albert Einsten]

It is important to realize that even the slightest changes to your interest rates can dramatically alter your money’s growth rate. That is simple when it comes to compounding of interest it works like magic. Therefore, using the rule of 72, you can maximize the returns on your invested funds, and make better investment choices.

So next time you're thinking of your savings or investments, see how the rule of 72 can help in the decision-making. Essentially, it is a basic application that can make your financial picture clear and help to become financially prosperous, quicker. Happy saving!

Current inflation Rate: 8%

Calculation: 72 / 8 = 9 yrs

Results: In 9 years, your $10,000 will only be worth $5000 in today's dollars.

How accurate is it?

The rule of 72 works best for interest rates between 6% and 10%. If your rate is outside this range you can tweak the formula a bit. Just add or subtract 1 from 72 for every 3% the rate is away from 8%.

Tweaking the rule

Interest rate: 11% ( which is 3% higher than 8% )

Adjust the rule: 72 + 1 = 73. then in this case use 73 instead of 72

Calculation: 73 / 11 = 6.6 years to double your money

Interest rate: 5% ( Which is 3% lower from 8% )

Adjust the rule: 72 - 1 = 71. then in this situation, we use 71 instead of 72

Calculation: 71 / 5 = 14.2 years to double your money.

The impact of small changes. [small changes have big effects: Albert Einsten]

It is important to realize that even the slightest changes to your interest rates can dramatically alter your money’s growth rate. That is simple when it comes to compounding of interest it works like magic. Therefore, using the rule of 72, you can maximize the returns on your invested funds, and make better investment choices.

So next time you're thinking of your savings or investments, see how the rule of 72 can help in the decision-making. Essentially, it is a basic application that can make your financial picture clear and help to become financially prosperous, quicker. Happy saving!