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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Rule Of 72


To calculate how long it takes your money to double at a given interest rate, divide the interest rate into 72. If you're receiving a 10% compounded return, you double your money in about (72 / 10) years, or roughly 7.2 years.