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To quickly approximate the number of periods, practitioners sometimes use an ad hoc rule called the **[...]**

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Tags

#tvm

Question

To quickly approximate the number of periods, practitioners sometimes use an ad hoc rule called the **[...]**

Answer

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Tags

#tvm

Question

To quickly approximate the number of periods, practitioners sometimes use an ad hoc rule called the **[...]**

Answer

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**Rule of 72**

To quickly approximate the number of periods, practitioners sometimes use an ad hoc rule called the Rule of 72 : Divide 72 by the stated interest rate to get the approximate number of years it would take to double an investment at the interest rate. Here, the approximation gives 72/7 = 10.3 year

To quickly approximate the number of periods, practitioners sometimes use an ad hoc rule called the Rule of 72 : Divide 72 by the stated interest rate to get the approximate number of years it would take to double an investment at the interest rate. Here, the approximation gives 72/7 = 10.3 year

status | not learned | measured difficulty | 37% [default] | last interval [days] | |||
---|---|---|---|---|---|---|---|

repetition number in this series | 0 | memorised on | scheduled repetition | ||||

scheduled repetition interval | last repetition or drill |

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