Phil (pliao39)

Race #2736

View Pit Stop page for race #2736 by pliao39Ghost race

View profile for Phil (pliao39)

Official speed 76.47 wpm (61.20 seconds elapsed during race)
Race Start August 17, 2019 6:57:37pm UTC
Race Finish August 17, 2019 6:58:38pm UTC
Outcome Win (1 of 5)
Accuracy 97.0%
Points 99.41
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).