Achilles8x (achilles8x)

Race #1628

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Official speed 47.33 wpm (98.88 seconds elapsed during race)
Race Start December 22, 2018 4:26:06am UTC
Race Finish December 22, 2018 4:27:45am UTC
Outcome No win (2 of 4)
Accuracy 95.0%
Points 61.53
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).