Of the two methods (Logarithms vs Rule of 72), which method will ONLY work for doubling the initial amount and which method will work for any result amount?

Brainstorm 3 other ways the Rule of 72 can be used to calculate growth.

Describe the relationship that you see from the Rule of 72 example above.
Years 0 6 12 18 1.5% 3% 6% 12% $10,000 $10,000 $10,000 $10,000 $20,000 In times of historically $20,000 $40,000 low interest $80,000 rates, it's especially $20,000 $40,000 $160,000 important to start $320,000 investing early $80,000 $640,000 $1,280,000 $20,000 $40,000 $160,000 $2,560,000 24 30 36 42 48 Years 0 6 12 18 1.5% 3% 6% 12% $10,000 $10,000 $10,000 $10,000 $20,000 In times of historically $20,000 $40,000 low interest $80,000 rates, it's especially $20,000 $40,000 $160,000 important to start $320,000 investing early $80,000 $640,000 $1,280,000 $20,000 $40,000 $160,000 $2,560,000 24 30 36 42 48

Question

Of the two methods (Logarithms vs Rule of 72), which method will ONLY work for doubling the initial amount and which method will work for any result amount?
Brainstorm 3 other ways the Rule of 72 can be used to calculate growth.

image text in transcribed

Describe the relationship that you see from the Rule of 72 example above.

Years 0 6 12 18 1.5% 3% 6% 12% $10,000 $10,000 $10,000 $10,000 $20,000 In times of historically $20,000 $40,000 low interest $80,000 rates, it's especially $20,000 $40,000 $160,000 important to start $320,000 investing early $80,000 $640,000 $1,280,000 $20,000 $40,000 $160,000 $2,560,000 24 30 36 42 48 Years 0 6 12 18 1.5% 3% 6% 12% $10,000 $10,000 $10,000 $10,000 $20,000 In times of historically $20,000 $40,000 low interest $80,000 rates, it's especially $20,000 $40,000 $160,000 important to start $320,000 investing early $80,000 $640,000 $1,280,000 $20,000 $40,000 $160,000 $2,560,000 24 30 36 42 48

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Of the two methods (Logarithms vs Rule of 72), which method will ONLY work for doubling the initial amount and which method will work for

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