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#tvm
Question
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

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statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

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