ed72 (ed72)

Race #24607

View Pit Stop page for race #24607 by ed72Ghost race

View profile for ed72 (ed72)

Official speed 73.90 wpm (63.33 seconds elapsed during race)
Race Start August 21, 2019 1:53:45pm UTC
Race Finish August 21, 2019 1:54:48pm UTC
Outcome No win (2 of 4)
Accuracy 100.0%
Points 96.06
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).