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how to find the time it will take an investment to grow with compund interest

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chibabykalu16

Answer:

The so-called Rule of 72 calculates the approximate time over which an investment will double at a given rate of return or interest "i," and is given by (72/i). It can only be used for annual compounding. As an example, an investment that has a 6% annual rate of return will double in 12 years.

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