Ask Question
23 April, 23:42

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

+3
Answers (1)
  1. 24 April, 03:35
    0
    The rule of 72 says that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72.

    so in this equation we would use: 72/x=12 then you solve for X

    X = 6%

    So it would take approximately 6% ROI
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What ROI will you need to double your money in 12 years ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers