How to Double Your Money Using The Rule of 72

How to Double Your Money Using The Rule of 72

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Albert Einstein believed that the Rule of 72 was a more important discovery than his theory of relativity. The first reference of this rule comes from Luca Pacioli who is regarded as the “Father of Accounting”. In his 1494 book Summary of Arithmetic, Geometry, Proportions and Proportionality (Summa de Arithmetic, Geometria, Proportiono et Proportionalita) he explains the importance of this rule. Watch the whole video to find out more. Enjoy!

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#Rule #72

⏱ Time Stamp:

00:00 Introduction
00:52 The Rule of 72
02:20 Compound interest
03:29 Investments
04:43 Inflation rate
05:41 Savings

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