View Pit Stop page for race #259 by iggrant — Ghost race
View profile for Ignorant (iggrant)
| Official speed | 75.07 wpm (62.34 seconds elapsed during race) |
|---|---|
| Race Start | October 3, 2019 4:06:31pm UTC |
| Race Finish | October 3, 2019 4:07:33pm UTC |
| Outcome | Win (1 of 5) |
| Accuracy | 99.0% |
| Points | 97.59 |
| 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). |