Finance Tools / Rule of 72 Calculator

Rule of 72 Calculator

Quickly estimate how long it takes an investment to double.

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Rule of 72 Calculator

Quickly estimate how long it takes an investment to double.

Features

How to Use

Step 1

Enter your expected annual interest rate.

Step 2

Click Calculate Doubling Time.

Step 3

Compare the Rule of 72 estimate to the exact calculation.

About This Tool

Rule of 72 Calculator applies the classic mental-math shortcut for estimating investment doubling time, and also shows the more precise compound-interest calculation for comparison.

Frequently Asked Questions

Why is it called the Rule of 72?

Dividing 72 by an interest rate gives a quick, historically popular mental-math approximation of doubling time.

How accurate is the Rule of 72?

It is quite close for typical interest rates between roughly 6% and 10%, and slightly less precise outside that range, which is why the exact figure is also shown.