Monday, July 28, 2014

How much would seven hundred and fifty thousandin American dollars from the 1890's be worth today?

How much would seven hundred and fifty thousandin American dollars from the 1890's be worth today?
If we consider only the inflation factor, we can calculate asfollows: (assuming the average inflation between 1890 and 2014 is3.32%)
750.000.00$*(1+3.32%)(2014-1890)=43.045.380.74$

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