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Q: Presidential Trivia ( Answered 5 out of 5 stars,   4 Comments )
Question  
Subject: Presidential Trivia
Category: Relationships and Society > Politics
Asked by: nronronronro-ga
List Price: $2.00
Posted: 28 Dec 2005 02:06 PST
Expires: 27 Jan 2006 02:06 PST
Question ID: 610384
Hi There!

Just read Andrew Jackson inherited 300 British pounds.  This was in
1782 when he was still a teenager.  He apparently blew all the money
on gambling.  Quickly.

What would those 300 British pounds be worth in today's U.S. dollars?

Approximate number would be fine----no mathematical heavy liftng necessary.  
:-)

Thanks a million!
ron
Answer  
Subject: Re: Presidential Trivia
Answered By: rainbow-ga on 28 Dec 2005 02:30 PST
Rated:5 out of 5 stars
 
Hi Ron,

Using the EH.Net calculator, 300 in 1782 is worth 25,164.60 in 2004.
Converting this to US Dollars, the amount equals to $43,728.20.

Sources:
EH.Net 
http://eh.net/hmit/ppowerbp/

XE.com Universal Currency Converter 
http://www.xe.com/ucc/

I hope this helps.

Happy Holidays!
Rainbow
nronronronro-ga rated this answer:5 out of 5 stars and gave an additional tip of: $5.00
Rainbow-----simply outstanding!
Thanks, as always.

ron

P.S.   We must be the only two people in America with trivia-insomnia.
 Go to sleep!   :-)

Comments  
Subject: Re: Presidential Trivia
From: rainbow-ga on 28 Dec 2005 03:02 PST
 
Hi Ron,
Thank you very much for the rating and tip.
Rainbow~

P.S. I'm not in the US. ;-)
Subject: Re: Presidential Trivia
From: nronronronro-ga on 28 Dec 2005 03:16 PST
 
I should have known.  You're somewhere over the Rainbow!

hee   hee   heh  heh   ho   ho

OK...I'm melting down...I really must be off to bed.

Thanks again.
ron
Subject: Re: Presidential Trivia
From: markvmd-ga on 28 Dec 2005 05:15 PST
 
Ah, but how much would the same 300 quid be with compound interest at,
say, 2 percent?
Subject: Re: Presidential Trivia
From: nronronronro-ga on 28 Dec 2005 11:22 PST
 
Hi markvmd,

At 2% per annum, the 300 pounds would now be worth $3.6
million---almost enough for a week's vacation in London.

:-)

ron

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