Rule of 70 Calculator | ||
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Rule of 70 Calculator is an online personal finance assessment tool in the investment category to measure the time period at which an investment gets doubled based on the Rule 70 method.
In finance, the rule of 72, the rule of 70 and the rule of 69 are methods for estimating an investment's doubling time. The rule number (e.g., 72) is divided by the interest percentage per period to obtain the approximate number of periods (usually years) required for doubling. Although scientific calculators and spreadsheet programs have functions to find the accurate doubling time, the rules are useful for mental calculations and when only a basic calculator is available.