Are you familiar with the rule of 72? I guess some of you might know it well if you are reading investment books and articles online. The rule is just an approximation from the basic formula of compounding interest. In this post, we will focus on how you can quickly compute how long your capital will double in amount.
Federico is an electronics engineer, financial blogger, insurance agent, and a certified investment solicitor. A multi-awarded financial advisor with clients ranging from lawyers, doctors, engineers, accountants, business owners, company directors, and OFWs to minimum wage earners had sought advice from him in achieving lifetime financial freedom.