View Pit Stop page for race #1075 by timboly3 — Ghost race
View profile for Pedro (timboly3)
Official speed | 67.44 wpm (69.39 seconds elapsed during race) |
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Race Start | April 26, 2019 2:52:44am UTC |
Race Finish | April 26, 2019 2:53:53am UTC |
Outcome | Win (1 of 2) |
Accuracy | 97.0% |
Points | 87.67 |
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). |