Huff Gray
01/04/2023 · Junior High School
ou were 18 years of age when you deposited the money and raw it at 66 years of age. How many times will the money ha during that time?
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To calculate how many times your money will multiply, use the Rule of 72 and divide the number of years (48 years) by the doubling time. For a 6% interest rate, your money would multiply approximately 16 times.
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