phlofy (phlofy)

Race #24353

View Pit Stop page for race #24353 by phlofyGhost race

View profile for phlofy (phlofy)

Official speed 114.20 wpm (40.98 seconds elapsed during race)
Race Start November 10, 2019 9:07:30pm UTC
Race Finish November 10, 2019 9:08:11pm UTC
Outcome Win (1 of 2)
Accuracy 98.0%
Points 148.46
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).