Money Guru: How to get double profit?
Zee Business Video Team | Updated: June 15, 2023 12:08 AM IST
Rule of 72 is a trading method used by investors to determine and understand the time it will take for an investment to double based on the fixed annual rate of interest. The Rule of 72 is quite simple and straightforward and requires 72 to be divided by any financial instrument’s annual rate of interest. The result gives a rough estimate of the time it will take to double the investment’s value.
