When i will have much money?

Question

when i will have much money?

Answer 1

It depends on the interest rate and how much money you invest.  A very simple rule is the rule of 72.  Take the annual interest rate of an investment and divide it into 72.  The answer is the number of years it will take for your money to double.  This works no matter how much money is invested.  

Example:

72 / APR = Years

72 / 6 = 12 years to double your money