View Pit Stop page for race #1708 by haraldgb — Ghost race
View profile for huddled (haraldgb)
| Official speed | 64.16 wpm (72.94 seconds elapsed during race) |
|---|---|
| Race Start | December 12, 2018 12:50:41pm UTC |
| Race Finish | December 12, 2018 12:51:54pm UTC |
| Outcome | Win (1 of 3) |
| Accuracy | 96.0% |
| Points | 83.41 |
| Text | #757 (Length: 390 characters) A useful rule, called "the rule of 72," provides a shortcut way to determine how long it takes for money to double. Take the interest rate you earn and divide it into the number 72, and you get the number of years it will take to double your money. For example, if the interest rate is 15 percent, it takes a bit less than five years for your money to double (72 divided by 15 = 4.8 years). |