By Admin 
Best Investment Plan: If you are also dreaming of doubling your money through investment, three times or four times, then it is not enough for you to only invest money, but it is also important to invest and understand its mathematics.
There are some easy rules in the investment world, which can help you guess how many times your money will increase with a particular return. Out of these, the rule of 72, the rule of 114 and the rule of 144.
When will the money be double with the rule of 72?
This is the most popular rule that suggests how many years will it take for your money to double. The formula of this rule is very easy. Participate 72 from the annual interest rate. That is, if you invest 1 lakh rupees 8 percent annual return investment, then 72 ÷ 8 = 9 years. That is, it will take 9 years to double 1 lakh rupees i.e. 2 lakhs.
Understand the rule of 114
If you want to know when your money will be three times, then use 114 instead of 72. This rule helps you planning one step further. Think of it in such a way that if the annual return is 10 percent, then 114 ÷ 10 = 11.4 years. This means 1 lakh rupees will take 11.4 years to become 3 lakhs.
Understand the rule of 144
Now let’s talk about making the money four times. The rule of 144 is most suitable for this. You can find out by putting a return of your scheme in it, how many years the investment will be four times. That is, if the annual return is 12 percent then 144 ÷ 12 = 12 years. That is, it will take 12 years for 1 lakh rupees to become 4 lakhs.
How to use these rules?
These three rules can be used not only to estimate the future value, but also to prepare an investment plan. That is, if you have a special goal, such as the education of children, buying a house or retirement, then through these rules you can decide how much time you should invest in a percentage return scheme to reach that target.
Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)
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