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Divide 72 by the interest rate and you will find how numerous years it takes your money to double. If you can get 2% on a cost savings account, at the bank these days you are lucky. If you divide 72 by 2 you get 36. In 36 years $1000 will become $2000. In 36 years $1000 will double six times and ends up being $64,000. The first thing you require to know is how invested cash grows. Divide 72 by 12 and you get 6. Give it 12 more years to 48 years and it ends up being $256,000.…