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How Long Will It Take for One Dollar to Double?

How long it will take for your money to double is easy to calculate using the Rule of 72. Simply divide 72 by the percentage of interest you earn on your savings. If you're not pleased with the answer, start investigating other options that offer a potentially higher rate of return.

* Securities involve risk including possible loss of principal.

 

 
Your money doubles in approximately…
72 ÷ 2% interest = 36 years
72 ÷ 4% interest = 18 years
72 ÷ 6% interest = 12 years
72 ÷ 8% interest = 9 years
72 ÷ 12% interest = 6 years

 

 
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