释义 |
Rule of 72The time required for a given Principal to double (assuming Conversion Period) for CompoundInterest is given by solving
 | (1) |
or
 | (2) |
where Ln is the Natural Logarithm. This function can be approximated by the so-called ``rule of 72'':
 | (3) |
The above plots show the actual doubling time (left plot) and difference between actual and time calculated using the rule of72 (right plot) as a function of the interest rate .See also Compound Interest, Interest References
Avanzini, J. F. Rapid Debt-Reduction Strategies. Fort Worth, TX: HIS Pub., 1990.
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