Rule of 72
Basically if you divide the rate interest into 72
(up to 15 – 20%) you can determine the number of years
to double the value of your investments.
In other words, if there’s a 3% inflation on a home
it should double in value in 24 years.
Rule of 72
Basically if you divide the rate interest into 72
(up to 15 – 20%) you can determine the number of years to double the value of your investments.
In other words, if there’s a 3% inflation on a home
it should double in value in 24 years.
Rule of 72
Basically if you divide the rate interest into 72
(up to 15 – 20%) you can determine the number of years
to double the value of your investments.
In other words, if there’s a 3% inflation on a home
it should double in value in 24 years.