By Kishore Mahbubani, speaking as Chairman of Aggregate Asset Management, at Managing Global Uncertainties; Seizing Global Opportunities, a webinar jointly held with The Edge Singapore on 9 July 2022.
“Rule of 72” is a simplified way to determine how long an investment will take to double, given a fixed annual rate of interest. By dividing 72 by the annual rate of return, investors can get a rough estimate of how many years it will take for the initial investment to double.
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