Race Updates Discord About Merch
Home Profile History Competitions Texts Upgrade

typeracer

Pit Stop
Racer Geoffrey (thedoge42)
Race Number 27
Date Mon, 14 Oct 2019 19:48:51
Speed 90 WPM Try to beat?
Accuracy 97.7%
Rank 2nd place (out of 5)
Opponents ami69 (1st place) zoomimpulse (3rd 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).
— (book) by Burton G. Malkiel (see stats)

Typing Review: