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03
May

the power of compounding – the rule of 144 – how fast can your money quadruple ( become 4 times )

the rule of 144 states that your money can quadruple ( become 4 times ) in 144 divided by the interest rate per year
so , if you put in x amount at the interest rate of 10 percent per year , your money will be the amount of 4x at the end of 14.4 years
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