What is rule of 69
By shanbhagg
@shanbhagg (4)
India
November 23, 2006 5:10am CST
I am not sure if it has anything to do with Finance or something to do with S e x
1 response
@mvsrao (4365)
• India
23 Nov 06
rule of 69 is a rule stating that an
amount of money invested at r percent
per period will double in 69/r (in percent) + .35 periods.
For example,
if you bought a share of ADR yielding an
annual return of 25%, the investment will double in a little over three years.
69/25 + .35 = 2.76 + .35 = 3.11 years
