Using the 'Rule of 72', an investment with an 8% annual rate of return will double in value approximately every 9 years.

Authors

• Person: Not available Organization: Champlain College
  Financial Rules of Thumb: Your Money Management Cheat Sheet

Sources

• Financial Rules of Thumb: Your Money Management Cheat Sheet www.champlain.edu Champlain College via serper

Referenced by nodes (1)

• investment concept