Estimate how long it will take for an investment to double at a given annual rate of return.
Years to Double
10.3
Exact (Log Formula)
10.2
ln(2) / ln(1 + 7%)
Rule of 72
72 รท 7% = 10.3 years
10-Year Growth
1.97ร
$1 grows to $1.97 at 7%