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Exam 2 Review • What is the Rule of 70? If given numbers, can you figure out the answer? The Rule of 70 tells you how many years for your GSP (investment) to double. ( 70 / growth rate ) o If you were growing at 5% how long would it take according to the Rule of 70 70/5 = 14 years to double o If you were growing at 6% how long would it take according to the Rule of 70 70/6 = 11.67 years to double o What is the difference between the number of years to double between 5% and 6%? Difference = 14-1

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