How Long Does It Take for Compound Interest to Double Your Investment-

How Long for Compound Interest to Double?

Compound interest is a powerful tool that can significantly boost the growth of an investment over time. It is the interest earned on the initial amount, as well as on the interest that accumulates over time. The concept of doubling an investment through compound interest has been a topic of interest for many investors and savers. But how long does it take for compound interest to double an investment? In this article, we will explore the factors that influence the time it takes for compound interest to double and provide some practical examples to help you understand the concept better.