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Racer MooTa (moota)
Race Number 220
Date Mon, 23 Sep 2019 16:48:27 +0000
Speed 66 WPM Try to beat?
Accuracy 96.5%
Rank 2nd place (out of 4)
Opponents knuten (1st place) mschaffle (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).
A Random Walk Down Wall Street (book) by Burton G. Malkiel (see stats)

Typing Review: