"The best way to predict the future is to create it." – Peter Drucker
Finance Concept:
The Rule of 72 is a simple formula used to estimate the time it takes for an investment to double in value, given a fixed annual rate of return.
The Formula:
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Anonymous 3
Hey I am on Medial • 4m
Damn bro. seems like small changes in the interest rate can dramatically affect the outcome. Time really is money I guess.
0 replies1 like
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Hi what are your thoughts on Compound interest
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📉Loans to get cheaper?
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📜What is repo rate?
--> It is the interest rate at which the central bank lends money to commercial ban