View Pit Stop page for race #103 by erky1952 — Ghost race
View profile for Erik (erky1952)
| Official speed | 108.02 wpm (43.33 seconds elapsed during race) |
|---|---|
| Race Start | January 25, 2020 1:39:54pm UTC |
| Race Finish | January 25, 2020 1:40:37pm UTC |
| Outcome | Win (1 of 2) |
| Accuracy | 98.0% |
| Points | 140.42 |
| Text | #757 (Length: 390 characters) A useful rule, called "the rule of 72," provides a shortcut way to determine how long it takes for money to double. Take the interest rate you earn and divide it into the number 72, and you get the number of years it will take to double your money. For example, if the interest rate is 15 percent, it takes a bit less than five years for your money to double (72 divided by 15 = 4.8 years). |