# These 3 formulas are amazing, they help in becoming a millionaire, know the right way to use them

Whenever middle-class people invest money somewhere, they calculate the return on it in this way, how many times the money will increase. If you also understand the return on your investment in this way, then you should know about 3 formulas of investment.

Whenever middle-class people invest money somewhere, they calculate the return on it in this way, how many times the money will increase. If you also understand the return on your investment in this way, then you should know about 3 formulas of investment, which will help you understand how many times your money will increase in how many days. If you use these formulas, then you will easily understand when can you become a millionaire and how much money will have to be invested for that. These three formulas are related to the numbers 72, 114, and 144. Let's know about them.

**What is Formula 72?**

With its help, you can find out in how many days your money will double in a scheme. In this way, by using Rule 72, you can know how much time it will take you to achieve your financial goal. You have to divide the number 72 by the interest you get on your investment and everything will become easy for you.

**Let's understand with an example**

Whenever it comes to getting guaranteed returns, most people prefer to make bank FDs. Suppose you have made an FD of Rs 5 lakh in a bank. Let's also assume that this bank is giving you interest at the rate of 7.25 percent. In such a situation, if you divide the number 72 by 7.25, then it will be 9.93. This means that it will take 9.93 years for your money to double, that is, about 119 months.

**In how many days will the money be reduced to half?**

When it comes to understanding how long it will take for the value of your money to be halved, you can use formula number 72. However, to understand this, you need to know the average inflation rate. Suppose the current inflation rate is 6 percent, then to understand the value of your money, you have to divide 72 by 6. This way the number comes to 12. That is, in 12 years the value of your money will be halved.

**What is Formula 114?**

With its help, you can find out in how many days your money will triple in a scheme. In such a situation, by using Rule 114 or say Formula 114, you can know how much time it will take you to achieve your financial target. For this, you have to divide the number 114 by the interest you get on your investment. By doing this, you will know in how many years your investment will triple.

**Understand with an example**

Whenever there is talk of guaranteed returns, most people prefer to make bank FDs, but many people also invest in other places. Let's assume that you have made an FD of Rs 5 lakh in a bank. Let's also assume that the bank is giving you interest at the rate of 7.25 percent on the investment. In such a situation, if you divide the number 114 by 7.25, then the result will be 15.7. This means that it will take 15.7 years for your money to triple, that is, it will take about 186 months.

In how many days will the money remain one-third?

When it comes to understanding that in how much time the value of your money will remain one-third, then also you can use formula number 114. To understand this, you need to know the average inflation rate of the period for which you are calculating this return. Suppose the inflation rate is 6 percent right now, then to understand the value of your money, you have to divide 114 by 6. On doing this, you get the number 19. This means that the value of your investment will be reduced to one-third in 19 years.

**What is Formula 144?**

We have already known about investment formula 72. By using rule 72, you can know in how many days your money will double. At the same time, we also know about formula 114, which tells us how many days your money will triple. Formula number 144 is the next link of this, which tells us in how many days your investment will become 4 times. For this, you have to divide this number by the interest you get on your investment and everything will become easy for you.

**Let's understand with an example**

Whenever there is talk of guaranteed returns, most people prefer to make bank FDs, but many people also invest in other places. Let's assume that you have made an FD of Rs 5 lakh in a bank. Let's also assume that the bank is giving you interest at the rate of 7.25 percent on the investment.

**In how many days will the money remain one-fourth?**

When it comes to understanding how much time the value of your money will remain one-fourth, you can also use this formula. To understand this, you need to know the average inflation rate of the period for which you are calculating this return. Suppose the inflation rate is 6 percent right now, then to understand the value of your money, you will have to divide 144 by 6. If you divide 144 by 6, the figure will be 24. This means that the value of your money will remain one-fourth in 24 years.