The magical number 72 in the financial world can help you to get a better understanding of the value of your money into the future. 72 can be used in a very easy way to establish values in the future with extraordinary accuracy. Inflation is a measurement of the...
With the Rule of 72 you can estimate the future value of your investments with uncanny reliability.. Inflation – the enemy The inflation rate represents the rising cost of living which devalues your money resulting in a loss of purchasing power over time. To...
Future value of your investment. If you want to know how quickly or slowly for that matter your money will double in value then simply divide the expected rate of return into 72. The result is the number of years it will take. For example: You invest R10 000 at an...