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What is the rule of 72 and where does it come from
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Mathematics
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9th - 10th Grade
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Hard
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The video tutorial explains how to determine the time required to double an investment using continuous compounding. It introduces exponential functions and their inverses, logarithms, and demonstrates solving an exponential equation. The Rule of 72 is presented as a shortcut for estimating the doubling time based on interest rates.
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