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TopicSo jealous of people who get lots of money back from their taxes
HitomiKagewaki
02/05/18 6:02:34 PM
#26:


Rule of 72:

Years to double= 72 divided by your interest rate.

So if you somehow made 6% on your savings it would take 12 years to double. Don't forget your interest is taxed. I rather have a qualifying dividend than interest.

By 0.50 did you mean 0.05 or 50%?
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