Google Answers Logo
View Question
 
Q: Value of money ( Answered,   0 Comments )
Question  
Subject: Value of money
Category: Business and Money
Asked by: scootymick-ga
List Price: $5.00
Posted: 28 Oct 2004 14:45 PDT
Expires: 27 Nov 2004 13:45 PST
Question ID: 421374
How much is $20,000 in 1970 equal to in today's dollars?
Answer  
Subject: Re: Value of money
Answered By: bobbie7-ga on 28 Oct 2004 15:04 PDT
 
Hi Scootymick!

How much is $20,000 in 1970 equal to in today's dollars?


The answer is: $97,577.32

Directions: Enter years as 4 digits (i.e. 1913) through 2004. Enter
dollar amount without commas or $ sign in box on first line. Click
Calculate button to compute dollar amount shown on second line.

Federal Reserve Bank of Minneapolis
http://www.minneapolisfed.org/Research/data/us/calc/


------------------------------------------------------------------


According to the Bureau of Labor Statistics Inflation Calculator, $20,000
in 1970 would be worth  $97,886.60 today.
http://www.bls.gov/cpi/


------------------------------------------------------------------


Search criteria:
Dollars worth today


I hope this is helpful.


Best regards,
Bobbie7
Comments  
There are no comments at this time.

Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service.

If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you.
Search Google Answers for
Google Answers  


Google Home - Answers FAQ - Terms of Service - Privacy Policy