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Based on the Rule of 72, if you take the number 72 and divide it by the average annual return on investment (ROI) earned over
Based on the Rule of 72, if you take the number 72 and divide it by the average annual return on investment (ROI) earned over time, it gives you the number of years it takes to double your money.
Assume that your money doubles 4 times in a 36-year period of time. How much will an investment of $5,000 today be worth in 36 years?
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