View Pit Stop page for race #483 by bop1000 — Ghost race
View profile for Joe (bop1000)
Official speed | 80.61 wpm (58.06 seconds elapsed during race) |
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Race Start | April 11, 2019 10:04:30pm UTC |
Race Finish | April 11, 2019 10:05:28pm UTC |
Outcome | Win (1 of 3) |
Accuracy | 97.0% |
Points | 104.80 |
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). |