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Pit Stop

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Racer Kevin (storms_and_stardust)
Race Number 70
Date Sun, 26 Jan 2020 12:14:16 +0000
Speed 74 WPM Try to beat?
Accuracy 97.2%
Rank 4th place (out of 5)
Opponents pookpok (1st place)

Text typed:

A useful rule, called "the rule of 72," provides a shortcut way to determine how long it takes for money to double. Take the interest rate you earn and divide it into the number 72, and you get the number of years it will take to double your money. For example, if the interest rate is 15 percent, it takes a bit less than five years for your money to double (72 divided by 15 = 4.8 years).
A Random Walk Down Wall Street (book) by Burton G. Malkiel (see stats)

Typing Review: