The "72 method " is a straightforward way to rapidly figure how long it will take for an amount to double at a given per annum return. Conversely, it can also help you discover how long it will take to extinguish a debt at a constant lending percentage . Just break 72 by the finance percentage to get your figure. For exa
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The "72 method " is a simple means to quickly figure how many years it will take for an sum to double at a given per annum rate . Conversely, it can also help you know how much time it will take to extinguish a debt at a set finance rate . Just split 72 by the interest charge to obtain your answer . For example, if you ha
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