I can get 12 per cent return on my equity investments. In how many years can I double or even triple my money?
Formula: No. of years to double = 72/expected return
Type in: =72/12 and hit enter. You will get 6 years.
For tripling, type in: =114/12 and hit enter. You will get 9.5 years.
Formula: No. of years to double = 114/expected return
For quadrupling, type in: =144/12 and hit enter to get 12 years.
Formula: No. of years to double = 144/expected return
Formula: No. of years to double = 72/expected return
Type in: =72/12 and hit enter. You will get 6 years.
For tripling, type in: =114/12 and hit enter. You will get 9.5 years.
Formula: No. of years to double = 114/expected return
For quadrupling, type in: =144/12 and hit enter to get 12 years.
Formula: No. of years to double = 144/expected return