What ROI will you need to double your money in 12 years

Question

What ROI will you need to double your money in 12 years? A. 7% B. 6% C. 5% D. 9%

Anonymous · Answer

B 6%.

Anonymous · Answer

Using the Rule of 72, you divide 72 by the number of years. So, 72 / 12 = 6%.

2 Answers