The "72 formula" is a easy way to easily determine how much time it will take for an investment to double at a specific per annum rate . Conversely, it can also help you know how long it will take to eliminate a obligation at a fixed interest rate . Just divide 72 by the interest charge

The "72 method " is a straightforward way to quickly figure how much time it will take for an sum to grow at a given per annum percentage . Conversely, it can also help you find out how many years it will take to eliminate a debt at a set interest percentage . Just split 72 by the inter

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