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Along with staying a handy estimation tool that can help formulate investment decision targets, the Rule of seventy two is likewise a useful method for comparing investments.
Despite its restrictions, the Rule of 72 can be a useful tool for getting a swift feeling of how your money may possibly increase as time passes, taking into consideration a particular fascination charge.
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Will be the Rule of 72 relevant to compounding fascination only? Chevron icon It implies an expandable portion or menu, or often past / subsequent navigation alternatives.