Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
The Rule of 72 is a quick mental-math formula estimating how many years it takes for an investment to double, by dividing 72 by the annual growth rate.
Divide 72 by your expected return to roughly estimate how many years it takes to double your money.
An approximation that works best for interest rates between roughly 6% and 15%; exact doubling time is calculated with the full compound interest formula.
At a 12% annual return, money roughly doubles in 72 ÷ 12 = 6 years.
Years to double ≈ 72 ÷ Annual Return %Divide 72 by your expected return to roughly estimate how many years it takes to double your money.
Rule of 72 helps you evaluate products, compare options, and make informed decisions aligned with goals, tax rules, and risk tolerance in the Indian financial system.