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72
Calculating Interest With the Rule of 72 by Raymond Rothschild
ARTICLE SYNOPSIS...Calculating Interest With the Rule of 72
by Raymond Rothschild
Despite the convenience these days of computers, business calculators and the like, it is often desirable
to perform some calculations either mentally or using pencil and paper. After all, o
AUTHOR: Raymond RothschildDATE: FEB 1991
Product Review: Personal Hotline, version 7.2
AUTHOR: Technical Analysis, Inc.DATE: 1999
SIDEBAR: DERIVATION OF THE RULE OF 72
ARTICLE SYNOPSIS...DERIVATION OF THE RULE OF 72
The mathematics behind the rule of 72, stating that if an amount is invested at a compound interest rate until it doubles in value, then the product of the number of years (or periods) and the interest rate is approximately
AUTHOR: Technical Analysis, Inc.DATE: FEB 1991