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7 May, 11:26

State the rule of 72 for the number of years to halve.

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  1. 7 May, 12:13
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    The "Rule of 72" is a simplified way to determine how long an investment will take to double, given a fixed annual rate of interest. By dividing 72 by the annual rate of return, investors can get a rough estimate of how many years it will take for the initial investment to duplicate itself.
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