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    How long does it take to double the money on an investment?

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    How long does it take to double the money on an investment?

    © BrainMass Inc. brainmass.com March 4, 2021, 7:04 pm ad1c9bdddf
    https://brainmass.com/business/accounting/how-long-does-it-take-to-double-the-money-on-an-investment-80559

    Solution Preview

    depends on the interest rate....
    one rule is 'Rule of 72' According to this divide 72 by the interest rate. The answer you get is ...

    Solution Summary

    computation uses time value of money formulas

    $2.49

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