Assume that your portfolio grows 9% in value per year and annual inflation is 5%. How many

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Assume that your portfolio grows 9% in value per year and annual inflation is 5%. How many years will it take for the nominal value of your portfolio to triple? How many years will it take for the real value of your portfolio to triple?
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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