Baked and Buttered (mcallen_tx)

Race #880

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Official speed 94.73 wpm (49.40 seconds elapsed during race)
Race Start January 23, 2020 6:00:39pm UTC
Race Finish January 23, 2020 6:01:28pm UTC
Outcome No win (2 of 3)
Accuracy 97.0%
Points 123.14
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).