The number of years to double the money. Introduction: Rule of 72 is one of the direct rules of finance to find the time period to double the money invested. As per this rule, one can calculate the estimated number of years in which money can be doubled. As per this rule, 72 numbers is divided by the interest rate number to find the number of years to double the money.

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Chapter 1, Problem 9DTM

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To calculate:The number of years to double the money.

Introduction: Rule of 72 is one of the direct rules of finance to find the time period to double the money invested. As per this rule, one can calculate the estimated number of years in which money can be doubled. As per this rule, 72 numbers is divided by the interest rate number to find the number of years to double the money.

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