Thursday, March 15, 2007

Compound Interest and the rule of 72

The Compound Interest is the calculation of how much money earned in a certain amount of years depending on the percentile gain. You can only gain per year after you set the money aside for saving. 72 is simple its an equation where each person can determine the exact amount money the earned and how long it will take them to double there money.

0 Comments:

Post a Comment

<< Home