The 8th Wonder of the World
One of the most important concepts in finance is the Rule of 72! It shows you how to calculate the effect of compound interest with a very simple formula.
Take 72 and divide it by the rate of return. The answer is the number of years it takes to double your money!
The Power of Compound Interest
Wealthy people tend to spend time learning and understanding how money works. They look for advice and solutions to get better returns for their money!
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