Very similar to the rule of 72, a rule stating that an amount of money invested at r percent per period will double in 69/r (in percent) + .35 periods. For example, if you bought a share of ADR yielding an annual return of 25%, the investment will double in a little over three years. 69/25 + .35 = 2.76 + .35 = 3.11 years

 
 
 

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Accounting Dictionary. Dictionary of Accounting Terms. Copyright © 2005 by Barron's Educational Series, Inc. All rights reserved.  Read more

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