Rule of 72
What is the Rule of 72? The Rule of 72 is a mathematical principle that estimates the time it will take for an investment to double in value. The mention…
What is the Rule of 72? The Rule of 72 is a mathematical principle that estimates the time it will take for an investment to double in value. The mention…
With the economy facing high inflation, the Federal Reserve has begun to raise interest rates. Investors should prepare for a bumpy ride in the months ahead, and so it’s crucial that investors stay…
What is the Effective Annual Interest Rate? The Effective Annual Interest Rate (EAR) is the interest rate that is adjusted for compounding over a given period. Simply put, the effective annual interest…