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Mastering the Rule of 72 to Build Wealth Through Compound Interest
Most people underestimate the power of compounding. The Rule of 72 is a simple formula that helps estimate how long it takes money to double based on its rate of return. For example: • 6% return = about 12 years to double • 8% return = about 9 years to double • 12% return = about 6 years to double The biggest gains often happen in the ...
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