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Money is an extremely powerful tool that can be used in any way to reach a goal. The most common methods of using money is to use it to purchase goods and services. In the event of making purchases, it is crucial to know exactly the amount of money available and the amount you'll need to spend in order for your purchase to count as to be a success. In order to figure out how much money is available and the amount you will need to invest, it's helpful to apply a rate of change formula. This rule of 70 can also help in selecting the amount to be used on a purchase. When it comes to investing, it's crucial to be familiar with the fundamentals behind changes in rate and the rule of 70. These concepts will aid you in making smart investment decisions. The rate of change is how much an investment gained or lost value over a certain period of time. To calculate thisnumber, divide the difference on value with the total amount of shares or units bought. Rule of 70 is a standard whic