After not playing baseball for 3 years in college because of having a total hip replacement, and then coming back to play professionally once I graduated, and get the opportunity to play on a team like the @wcthunderbolts we had in 2007 and 2008...it was like a dream come true. This was a night I will never forget.
During this period, the average expansion was approximately 58 months, and the average contraction was approximately 11 months. Expansion is the default mode of the U.S. economy, and the average expansion time period has continued to average longer over time.
Compound Interest. Simple Interest. The Doubling Time formula is used in Finance to calculate the length of time required to double an investment or money in an interest bearing account. It is important to note that r in the doubling time formula is the rate per period.f one wishes to calculate the amount of time to double their money in a money market account that is compounded monthly, then r needs to express the monthly rate and not the annual rate. The monthly rate can be found by dividing the annual rate by 12.