The Rule of 72 is a shortcut or rule of thumb used to estimate the number of years required to double your money at a given annual rate of return and vice versa.
Compound interest is a means of calculating the potential return from an investment that takes the cumulative effect of interest into account. How does compound interest work? Compound interest works ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J. Brock is a CFA and CPA with more ...
The compound annual growth rate, or CAGR, of an investment or other unit of value is the average annual amount it grows over a period of years assuming profits are reinvested during the period. In ...
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