einstein's rule of 72 and compound interest

The Rule Of 72: Einstein’s Rate Of Return Formula

The Rule Of 72: Albert Einstein created a fairly accurate “rule of thumb” mathematical formula for calculating how long it will take to double an investment based on the interest earned each year. That formula is commonly called the rule of 72. While it isn’t exact, it’s very close and can be a pretty accurate rule…

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small business financing options

Small Business Financing Options

Viola is lucky that she has orders to fill in today’s economy. But she is concerned about her business cash flow. She needs to understand her own small business financing options so she can continue to grow. Her long-time commercial bank, which provided a $1.5 million line of credit over the years, is about to…

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