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View Full Version : How long will it take to double your money


Haley4Ben3Mom
Jan 9, 2008, 03:25 PM
If you deposit money today into an account that pays 6.5 perecent interest, how long will it take you to double your money?

ScottGem
Jan 9, 2008, 03:41 PM
This is the rule of 72. Divide 72 by the interest rate (6.5) and you get a little over 11 years.