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Free ToolDiscover how quickly your investments can double using the simple Rule of 72 formula. Enter your expected interest rate to see the answer.
Calculate:
Number of Years to Double My Money
at an annual rate of
Answer:
It will take 13.71 years to double your investment at 5.25% annual interest.
(actual years = 13.55)
The Rule of 72 is a quick way to estimate how many years it takes for an investment to double. Simply divide 72 by the annual interest rate. For example, at 6% interest, your money doubles in approximately 12 years (72 ÷ 6 = 12).
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