LCM of three numbers

Rule of 72 Calculator

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Basics of Time Value of Money Future value Present Value

✖Rate of Interest as Whole Number is the given interest rate presented as a whole number.ⓘ Rate of Interest as Whole Number [i]

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✖Rule of 72 is a simplified way to determine how long an investment will take to double, given a fixed annual rate of interest.ⓘ Rule of 72

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Rule of 72 Solution

STEP 0: Pre-Calculation Summary

Formula Used

Rule of 72 = 72/Rate of Interest as Whole Number
Rule of 72 = 72/i
This formula uses 2 Variables

Variables Used

Rule of 72 - Rule of 72 is a simplified way to determine how long an investment will take to double, given a fixed annual rate of interest.
Rate of Interest as Whole Number - Rate of Interest as Whole Number is the given interest rate presented as a whole number.

STEP 1: Convert Input(s) to Base Unit

Rate of Interest as Whole Number: 20 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

Rule of 72 = 72/i --> 72/20

Evaluating ... ...

Rule of 72 = 3.6

STEP 3: Convert Result to Output's Unit

3.6 --> No Conversion Required

FINAL ANSWER

3.6 <-- Rule of 72

(Calculation completed in 00.004 seconds)

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Rule of 72 Formula

LaTeX Go

Rule of 72 = 72/Rate of Interest as Whole Number
Rule of 72 = 72/i

How to Calculate Rule of 72?

Rule of 72 calculator uses Rule of 72 = 72/Rate of Interest as Whole Number to calculate the Rule of 72, Rule of 72 is a simplified way to determine how long an investment will take to double, given a fixed annual rate of interest. Rule of 72 is denoted by Rule of 72 symbol.

How to calculate Rule of 72 using this online calculator? To use this online calculator for Rule of 72, enter Rate of Interest as Whole Number (i) and hit the calculate button. Here is how the Rule of 72 calculation can be explained with given input values -> 3.6 = 72/20.

FAQ

What is Rule of 72?

Rule of 72 is a simplified way to determine how long an investment will take to double, given a fixed annual rate of interest and is represented as Rule of 72 = 72/i or Rule of 72 = 72/Rate of Interest as Whole Number. Rate of Interest as Whole Number is the given interest rate presented as a whole number.

How to calculate Rule of 72?

Rule of 72 is a simplified way to determine how long an investment will take to double, given a fixed annual rate of interest is calculated using Rule of 72 = 72/Rate of Interest as Whole Number. To calculate Rule of 72, you need Rate of Interest as Whole Number (i). With our tool, you need to enter the respective value for Rate of Interest as Whole Number and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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