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Great the rule of 72 is one of those mathematical formulas.
if you want to illustrate compound interest, one projected value isn’t enough (a straight line could as easily connect “now” to “then”, right?).
the “rule of 720” is what gets the point across. in five years it doubles, whoop-dee-do. but in fifty, it THOUSAND-ifies.
luck to ya
Great the rule of 72 ! it’s so simple mathematical formulas!