The Rule of 72 is a shortcut or rule of thumb used to estimate the number of years required to double your money at a given annual rate of return and vice versa.

Please provide your email address to receive an email when new articles are posted on . Start early and invest what you can, even if only investing small amounts. If starting later in your career, be ...

Learn what the stated annual interest rate is and how to calculate it without compounding, plus how it compares to the effective annual rate.

Compound interest refers to the returns that you earn on interest. The impact of it grows significantly over long time ...

When you borrow money, you’ll also pay interest on top of the amount you borrowed.. Interest is the money the lender gets for loaning you the money. Read Next: 5 Subtly Genius Moves All Wealthy People ...