The "72 formula" is a simple technique to rapidly figure how long it will take for an sum to double at a given yearly return. Conversely, it can also help you find out how many years it will take to pay off a obligation at a fixed lending rate . Just split 72 by the in
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The "72 method " is a straightforward way to quickly determine how many years it will take for an amount to grow at a certain yearly percentage . Conversely, it can also help you find out how many years it will take to extinguish a debt at a set lending rate . Just divide
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