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Friday, January 16, 2009

Invest: Law 72

If you invest only once, so there's time where the amount of your investment will be two-folded. For example, if you invest $ 1 million in deposits that give 12% interest rate per year (in the roll over each year), the $ 1 million money you two will be folded within six years.
How is calculated by using the Law 72. For the number 72 with interest rates of investment products. This means:
= 72: 12
= 6 years old.
That period of time it takes for your investment can be of two
Of course, the higher the results of your investment, the more quickly the two of your investment. For example, if you deposit interest rate is 24% per year (in the roll over each year), the $ 1 million money you two will be folded within 3 years (72: 24 = 3). Compare the interest rate if you deposit only 12%, which takes 6 months so that the money you $ 1 million folded into two.



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