# If the interest rate is 6% per year, how long will it take for your money to quadruple in value? If the inflation rate is 4% per year, what will be the change in the purchasing power of your money over this period?

If the interest rate is 6% per year, how long will it take for your money to quadruple in value? If the inflation rate is 4% per year, what will be the change in the purchasing power of your money over this period?

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**Related Book For**

## Fundamentals of Corporate Finance

8th edition

**Authors:** Richard Brealey, Stewart Myers, Alan Marcus

**ISBN:** 978-0077861629