in 1855, $50,000. what would it be eqivlent to today????

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2007-05-23 10:19:56 · 3 answers · asked by Bob K 1 in Business & Finance ➔ Corporations

This site I went to says it would be worth about $1,082,555.00.

http://www.westegg.com/inflation/

2007-05-23 10:24:00 · answer #1 · answered by A.Mercer 7 · 0⤊ 0⤋

Here are my assumptions:

3% inflation rate

152 years of compounding

Today would be $4,469,183.

2007-05-23 17:25:55 · answer #2 · answered by Willie J 5 · 0⤊ 0⤋

$50,000 is $50,000...i don't think it matters what year it is.

2007-05-23 17:23:10 · answer #3 · answered by D 2 · 0⤊ 0⤋