# At what nominal rate compounded continuously must money be invested to double in 8 years?

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Question: At What Nominal Rate Compounded Continuously Must Money Be Invested To Double In 8 Years? A Rate Of 90 Is Required For Money To Double In 8 Years.

**Cascabel**Date created:

**May 15, 2022**

## What rate of return do you need to double your money in 10 years?

7.2 percentThe math rule of 72 tells you how long it will take to double your money at a given rate. The interest rate times the number of years to double compounded equals 72. So to double an investment in 10 years, divide 72 by 10. A mutual fund needs an average annual return of 7.2 percent to double in 10 years.

## How many years money will double in bank?

than according to Rule 72 your invested money will be doubled in 72/8 = 9 years. This means if you invest Rs.1 lakh in Bank Fixed today than you will get Rs.2 lakhs if you stay invested for 9 years.18 Sep 2018

## How many years would it take to double your money if your ROI is 4%?

For example, if you want to know how long it will take to double your money at eight percent interest, divide 8 into 72 and get 9 years. Exact Answer: Rule of 72 Estimate: (We're assuming the interest is annually compounded, by the way.)

## What interest rate doubles your money in 7 years?

At 10%, money doubles every 7.2 years and when you divide 7.2 by 10%, you get 72. This rule of thumb helps you compute when your money (or any unit of numbers) will double at a given interest (growth) rate.

## How can I double my money every 3 years?

The rule can tell you how fast you can double your money. Divide 72 by the interest rate at which you are compounding your money, and you will arrive at the number of years it will take to double in value. For instance, you money will double in 3 years if you are compounding at 24 per cent (ie 72/24 = 3 years).

## How many years would it take your money to double A at 10% interest compounded yearly?

7.2 yearsThe rule states that the amount of time required to double your money can be estimated by dividing 72 by your rate of return. 1 For example: If you invest money at a 10% return, you will double your money every 7.2 years. (72/10 = 7.2)

## How long will it take for money to double if it is invested at 6% compounded continuously?

12 yearsTo use the Rule of 72 in order to determine the approximate length of time it will take for your money to double, simply divide 72 by the annual interest rate. For example, if the interest rate earned is 6%, it will take 12 years (72 divided by 6) for your money to double.

## How long will it take the money to triple itself if invested at 10% compounded semi annually?

1 Answer. Joe D. It will approximately take 18 years 10 months.

## How often does the value of money double?

The result is the number of years, approximately, it'll take for your money to double. For example, if an investment scheme promises an 8% annual compounded rate of return, it will take approximately nine years (72 / 8 = 9) to double the invested money.

## What percentage of money will double in 10 years?

(72/8 = 9) If you invest at a 7% return, you will double your money every 10.2 years.

## Related Question Answers

#### Laurenz Albe

Professor### How does money double every 7 years?

The rule states that the amount of time required to double your money can be estimated by dividing 72 by your rate of return. 1 For example: If you invest money at a 10% return, you will double your money every 7.2 years. ... If you invest at a 7% return, you will double your money every 10.2 years.

#### Zero Piraeus

Professor### When interest is compounded continuously the amount of money increases?

When interest is compounded continuously, the amount of money increases at a rate proportional to the amount S present at time t, that is, dS/dt = rS, where r is the annual rate of interest.

#### LoicTheAztec

Professor### At what rate of simple interest will a sum of money double itself in 8 years?

12.5% per annumAt what rate percent per annum will a sum of money double in 8 years. Rate = [(100 x P)/ (P x 8)]% = 12.5% per annum.

#### Dennis Williamson

Professor### At what rate of simple interest will money double itself in 7 years?

Answer. It take about 14 years for four folding in which doubling the sum of money takes place in 7 years.

#### A5C1D2H2I1M1N2O1R2T1

Professor### How long in years will it take your money to triple at an annual percentage rate of 6% compounded annually?

= 72/ rate of interest = 72/6 = 12 years. It takes 19 years to triple your money.

#### Paul Verest

Professional### How long will it take a certain sum of money to triple itself?

A sum of money at simple interest double itself in 4 years. in how many years will it triple itself... At what rate percent per annum simple interest, will a sum of money triple itself in 25 years?

#### doberkofler

Professional### How long will it take for a principal to double if money is worth 12% compounded monthly?

I believe you are asking if we have an annual rate of 12%, compounded monthly, how long to double? X = 69.66 or at 70 months.

#### Gordon

Professional### How long will it take for money to double at a rate of 6% compounded monthly?

For example, if the interest rate earned is 6%, it will take 12 years (72 divided by 6) for your money to double.

#### Jukka K. Korpela

Professional### How long will it take for your money to double if the interest is compounded continuously?

The Rule of 72 indicates than an investment earning 9% per year compounded annually will double in 8 years. The rule also means if you want your money to double in 4 years, you need to find an investment that earns 18% per year compounded annually.

#### Noah Stahl

Professional### How long will it take money to double if it is invested at 4% compounded continuously?

Additionally, the Rule of 72 can be applied across all kinds of durations provided the rate of return is compounded. If the interest per quarter is 4%, then it will take (72 / 4) = 18 quarters or 4.5 years to double the principal.

#### Tim Pietzcker

User### How long will it take money to double if it is invested at 7 compounded daily?

(72/9 = 8) If you invest at an 8% return, you will double your money every 9 years. (72/8 = 9) If you invest at a 7% return, you will double your money every 10.2 years.

#### Ilja Everilä

User### How long will it take money to double if it is invested at?

If an investment scheme promises an 8% annual compounded rate of return, it will take approximately (72 / 8) = 9 years to double the invested money.

#### Marcus Müller

User### How long will it take money to triple itself if invested at 10% compounded every three months?

It will approximately take 18 years 10 months. Now we should use logarithmic functions. So the answer is approximately 18 years 10 months.

#### methodofaction

User### How do I double my money in 10 years?

The rule states that the amount of time required to double your money can be estimated by dividing 72 by your rate of return. 1 For example: If you invest money at a 10% return, you will double your money every 7.2 years.

#### A. Rodas

User### Can I double my money in 10 years?

The rule states that the amount of time required to double your money can be estimated by dividing 72 by your rate of return.

1 For example: If you invest money at a 10% return, you will double your money every 7.2 years.

...

If you invest at a 7% return, you will double your money every 10.2 years..

#### Yogesh Umesh Vaity

Guest### How much money would you have to win to never work again?

The answer is $1,475,000, for the average US household. This is how much money the average household would need invested at a nominal rate of return (usually given as 10%) in order to (1) provide for the household expenses, (2) be able to suffer a few years of bad markets, and (3) be at parity with inflation.

#### Soner Gönül

Guest### How soon does money double if it is invested at 8% interest?

approximately nine yearsFor example, if an investment scheme promises an 8% annual compounded rate of return, it will take approximately nine years (72 / 8 = 9) to double the invested money.

#### Eric O Lebigot

Guest### Can I double my money in 5 years?

Similarly, if you want to double your money in five years, your investments will need to grow at around 14.4% per year (72/5).

If your goal is to double your invested sum in 10 years, you should invest in a manner to earn around 7% every year.

Rule of 72 provides an approximate idea and assumes one time investment..

#### Emile Cormier

Guest### How can I double my money in 3 years?

The rule can tell you how fast you can double your money. Divide 72 by the interest rate at which you are compounding your money, and you will arrive at the number of years it will take to double in value. For instance, you money will double in 3 years if you are compounding at 24 per cent (ie 72/24 = 3 years).

#### lfaraone

Guest### How long will it take money to triple itself if invested at 8% compounded annually?

The Rule of 115 It's as simple as dividing your interest rate by 115. The quotient is the amount of time it will take you to triple your money. For example, if your money earns an 8 percent interest rate, it will triple in 14 years and 5 months (115 divided by 8 equals 14.4).

#### JeffV

Guest### At what annual rate of interest compounded yearly Will money double in 8 years?

9% per yearThe Rule of 72 indicates than an investment earning 9% per year compounded annually will double in 8 years.

#### Kurt Van den Branden

Guest### At what interest rate compounded continuously must money be invested to triple in 4 years?

Question: At What Nominal Rate Compounded Continuously Must Money Be Invested To Triple In 4 Years? A Rate Of % Is Required For Money To Triple In 4 Years.

#### Davide Lorenzo MARINO

Guest### At what interest rate will a sum of money double itself in 3 years if the interest is compounded annually?

Answer. ☆☆☆Let the rate percent per annum be R. Thus, the required rate is 25.99% per annum.

#### Anand S Kumar

Guest### At what rate does the simple interest a sum of money Triple itself in 25 years?

8% Was this answer helpful?

#### Bruno Lowagie

Guest### At what rate of interest a sum of money doubles itself in 10 years?

In how many years will a sum of money double itself with the rate of 10% per annum simple interest? Here, we have R = 10% and have to calculate t for the sum of the money (that is P) to double. Hence, it will take 10 years for the sum of money to double itself with the rate of 10% per annum simple interest.

#### rlbond

Guest### At what rate of interest will a sum of money double in 5 years?

14.4% per yearSimilarly, if you want to double your money in five years, your investments will need to grow at around 14.4% per year (72/5). If your goal is to double your invested sum in 10 years, you should invest in a manner to earn around 7% every year. Rule of 72 provides an approximate idea and assumes one time investment.

#### Luke Storry

Guest### At what rate of interest will a sum of money double itself in 20 years?

Answer Expert Verified At 5% simple interest, a sum of money doubles itself in 20 years..

#### kebs

Guest### At what rate of interest will a sum of money double itself in 5years?

Answer. R =? At 5% simple interest, a sum of money doubles itself in 20 years.

#### Laurent

Guest### At what rate of markup would a sum of money become double in 20 years?

Answer Expert Verified At 5% simple interest, a sum of money doubles itself in 20 years.

#### AbolfazlR

Guest### At what rate of simple interest a sum of money will be doubled of itself in 15 years?

If the sum doubles (x2) in 15 years, then it to become 2*2*2 = 8 times as large it should double three times, so three 15 years time period are needed, which is 3*15 = 45 years.

#### Tatu Lund

Guest### At what rate of simple interest will a sum of money double itself in 10 years?

10% per annumAnswer. it means at the rate of 10% per annum sum will double itself in 10 years .

#### s4y

Guest### At what rate of simple interest will a sum of money doubles itself in 10 years?

10% per annumAnswer. it means at the rate of 10% per annum sum will double itself in 10 years .

#### Michael Jungo

Guest### At what rate of simple interest will a sum of money doubles itself in 8 years?

12.5% per annumWhere P is principal amount, R is rate of interest and T will be time period. Hence, the rate of interest to double a money in 8 years will be 12.5% per annum.

#### Ryan

Guest### At what rate of simple interest will a sum of money treble itself in 25 years?

Answer. rate of interest is 8%.

#### miku

Guest### At what rate of simple interest will a sum of money triple in 10 years?

Answer. Answer: So rate of percentage per annum must be 12.5% to triple the sum.

#### Lasse V. Karlsen

Guest### At what rate of simple interest will a sum of money triples itself in 10 years?

Answer. Answer: So rate of percentage per annum must be 12.5% to triple the sum.

#### Michiel Borkent

Guest### At what rate per annum will sum of money double in 16 years?

= P and T = 16 yrs. Rate = (100 x P)/(P*16)% = 6 ¼ % p.a.

#### Ernest Friedman-Hill

Guest### At what rate per cent of simple interest will a sum of money double itself in 12 years?

721%

#### topchef

Guest### At what rate per cent per annum will a sum of money double itself in eight years?

12.5% per annumHence, the rate of interest to double a money in 8 years will be 12.5% per annum.

#### Maximilian Peters

Guest### At what rate Percent of simple interest will a sum of money double itself in 12 years?

721%

#### Amit Kotha

Guest### At what rate Percent of simple interest will a sum of money double itself in 15 years?

In your case, a rate of ~4.8% would double a sum in ~15 years. R=100*I/P*N=100*P/P*15=100/15=20/3=6.666… =6.67%.

#### user6123723

Guest### At what rate Percent of simple interest will a sum of money double itself in 2 years?

So rate of interest should be 3 (1/3) to get some of money double itself..

#### McGarnagle

Guest### At what rate Percent of simple interest will a sum of money double itself?

=PRT100. Where P is principal amount, R is rate of interest and T will be time period. Hence, the rate of interest to double a money in 8 years will be 12.5% per annum.

#### aromero

Guest### At what rate percent on simple interest will a sum of money double itself in 30 years *?

So rate of interest should be 3 (1/3) to get some of money double itself.

#### peterevans

Guest### At what rate percent per annum simple interest will be a sum of money double itself in 16 years?

641%

#### Inbar Gazit

Guest### At what rate percent will a sum of money double itself in 5years?

Answer. R =? At 5% simple interest, a sum of money doubles itself in 20 years.

#### adamkwm

Guest### At what rate percent will a sum of money doubles itself in 8 years?

12.5%At what rate percent per annum will a sum of money double in 8 years. Rate = [(100 x P)/ (P x 8)]% = 12.5% per annum.

#### chickens

Guest### At what rate will a sum of money doubles itself in 10 years?

Here, we have R = 10% and have to calculate t for the sum of the money (that is P) to double.

Hence, it will take 10 years for the sum of money to double itself with the rate of 10% per annum simple interest..

#### Koushik Roy

Guest### At what simple interest rate will a sum of money be doubled in 5 years?

Alternatively you can calculate what interest rate you need to double your investment within a certain time period.

For example if you wanted to double an investment in 5 years, divide 72 by 5 to learn that you'll need to earn 14.4% interest annually on your investment for 5 years: 14.4 × 5 = 72..

#### Farhad Farahi

Guest### At what simple interest rate will an amount of money double itself in 12 years?

To use the Rule of 72 in order to determine the approximate length of time it will take for your money to double, simply divide 72 by the annual interest rate. For example, if the interest rate earned is 6%, it will take 12 years (72 divided by 6) for your money to double.