Quote:
Originally Posted by Stu from NYC
nope not even close, will give a hint and it is related to investments.
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The "Rule of 72" doesn't really have anything to do with this thread subject, given that it is just a simple way to determine how long an investment will take to double, given an "estimated" fixed annual rate of interest. The key being that it relies on a variable, the expected ROR, to derive the number of years for that doubling and as can be seen by the gyrations of all of the markets recently - no one really knows what that variable will actually be.