Rule to Double Your Money !!!!

Guys, here I am going to give you a rule for doubling your money J

Please don’t take me wrong …I am not going to advertise some Ponzi scheme for doubling your money…

Already in market there are a lot of scheme which comes as a temptation to you and you burn your hard earned money in that to lose out of your greediness….

I am going to tell you a simple mathematical rule to know how long will it take for you to double your money in this material world.

The rule is Rule 72!!!!!

Yes friends using rule 72 you can calculate on a fly the duration for doubling your money.

Note: However it is an compound approximation and applies to small amount of money.

Suppose you deposited Rs 100/- bank deposit with 8% compound interest rate.

So it will take 72/8= 9 years to double your money!!!

An illustration is as below:

Interest Rate (%)	No of Years to Double Your Money
1	72
2	36
3	24
4	18
5	14.4
6	12
7	10.28571429
8	9
9	8
10	7.2
11	6.545454545
12	6
13	5.538461538
14	5.142857143

Friends, when it comes to money it really takes a lot of patience to grow and become rich… If you cannot have this then fold your money and get a feeling of doubling it J

So guys what is your interest rate to double????

Comments

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