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5 November, 08:23

What ROI will you need to double your money in 12 years

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  1. 5 November, 08:41
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    The rule of 72 says that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72.

    so in this equation we would use: 72/x=12 then you solve for X

    X = 6%

    So it would take approximately 6% ROI
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