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Can I read Rule of 72 Investment Calculator on EtoBox?
Rule of 72 Investment Calculator by sunder_vasudevan is a document available to read on EtoBox.
What is Rule of 72 Investment Calculator about?
The document describes the rule of 72, which is a method to calculate how long it will take an investment to double based on the annual interest rate. It states that dividing 72 by the interest rate will give the number of years. For example, at a 4% interest rate it will take 18 years to double the investment. The document then provides a calculator showing how much a lump sum investment of 100,000 Indian rupees will be worth over time at different interest rates ranging from 2% to 12%.
- Author
- sunder_vasudevan
- Language
- EN