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Law of 70 or 72
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How long will it take your money to double?
A = P(1+r)^t
A
B
5%
14 years
6%
12 years
7%
10 years
10%
7 years
3%
24 years
4%
18 years
8%
9 years
12%
6 years
Robin the Math Lady, Prof. Schwartz
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