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Rule of 72: What it is and how to use it

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 Decatur Daily

Average rate on a 30-year mortgage edges higher after declining four weeks in a row

The average rate on a 30-year U.S. mortgage ticked up this week, ending a four-week slide that brought down borrowing costs for homebuyers to the lowest level in nearly a ...

Alternatives to the Rule of 72

The Rule of 72 is a simple calculation tool for investors to use, but it's not necessarily the most accurate. Here are some ...