To apply the dollar currency to a value, select the cell, press Ctrl+1 to launch the Format Cells dialog box, and select "Currency" or "Accounting" in the Number tab. Then, choose the dollar symbol ...
Here’s how the Rule of 72 works: Divide 72 by your expected annual interest rate (as a percentage, not a decimal). The answer is roughly the number of years it will take for your money to double. For ...
The Rule of 72 is a simple calculation tool for investors to use, but it's not necessarily the most accurate. Here are some ...