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Support Material: The Rule of 72 - Why it Works
Go to: http://www.moneychimp.com/features/rule72_why.htm (opens a new window)
Description: The rule of 72 applies to annually compounded interest, this explanation looks at the case of continuously compounded interest first and then annually compounding interest.
Technology Type: JavaScript 
Author: moneychimp.com
Language: English 
Cost: Does not require payment for use

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Tool: Rule of 72
Courses: Algebra Growth
Algebra II Growth and decay applications, Natural Logarithms
Financial Education Compound interest, Investments, Rule of 72, Saving