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The Rule of 72 can estimate compounding periods using natural logarithms. In mathematics, the logarithm is the opposite concept of a power; for example, the opposite of 10³ is log base 10 of 1,000.
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ZME Science on MSNThe Rule of 72: The Simple Math Behind Doubling Your MoneyThe Rule of 72 stems from the mathematics of exponential growth. It’s not perfect—its accuracy wobbles with very high or very ...
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