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Double your money-Rule of 72. Approximately how long will it take to double your money if you get
an annual return of , or on your investment?
Approximately how long will it take to double your money if you get a annual return on
your investment?
years (Round to two decimal places.)

Ask by Patel Ray. in the United States
Jan 22,2025

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Answer

It will take approximately 15.65 years to double your money with a 4.6% annual return.

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Bonus Knowledge

To estimate how long it will take to double your money using the Rule of 72, you simply divide 72 by your annual return percentage. For a return, it would take approximately years to double your investment.
At a annual return, you’d divide years. And for a return, the calculation gives you years. So, the magic of compounding really shines at higher rates!

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