What is Rule of 70 ? Full Definition

Financen31413 Jul, 2021Other

The rule of 70 is basically an investment rule that let us know or analyse that how much time it will take for an investment or the money you have invested to get double. So, by the rule of 70 definition we get to know when we will be getting return on our investments. Though, it is normally used where we need to associate investments having different annual compound interest rates by which we get to know the time period of the growth of the investment.