It's a Money Thing // Compound Interest: The Rule of 72 INFOGRAPHIC // KALSEE Credit Union

www.marlenesimmons.com for more financial information.

Rule of 72 divide the rate you are getting paid into 72 ie 2% into 72 = 36 years 10% into 72 = 7.2 years...

Financial Literacy Month James Baldi Primerica representative 508-642-5221 jbaldi@primerica.com http://www.primerica.com/jamesbaldi http://www.primericabusinessopportunity.com/

Compound Interest - Einstein called it the ‘eighth wonder of the world’. It supercharges our savings and investments. But compound interest can also increase the cost of our debt. Either way, over the long run, we’re talking serious dosh! The best compounding happens when any interest we earn gets reinvested and earns even more interest. It’s interest earning interest.

Live by this and you will be financially sound! Ask me! - Marco

The Rule of 72: How Long Will It Take to Double My Money?

The Rule of 72 allows you to perform a rough calculation to determine how long it will take to double the money that you invest now.

Nifty Tricks with the Rule of 72, 71, 70, 69.3, 114, 144 and My Favorites, 1.5 and 1,080,000

Learn how to use the Rule of 72 and other rules of financial tricks that you can use to impress your friends!

An account in the current assets section of a company's balance sheet. This account contains any investments that a company has made that will expire within one year. For the most part, these accounts contain stocks and bonds that can be liquidated fairly quickly.

The Rule of 72 (with calculator) - Estimate Compound Interest

Pinterest