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The Rule of 72 is a convenient, albeit imperfect, rule of thumb that allows us to calculate the estimated time it would take for a

The Rule of 72 is a convenient, albeit imperfect, rule of thumb that allows us to calculate the estimated time it would take for a dollar amount to double in value. You know this because you're smart and took BUS 101. If the interest rate is 8%, about how long would it take for a sum of money to double? 4 years 11 years 9 years 2 years 7 years

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