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To estimate the value of £20,000 in 1689 in today's money, we can use historical inflation rates. Based on various calculations, £20,000 in 1689 is roughly equivalent to several million pounds today, often estimated between £3 million to £5 million, depending on the specific inflation measure used. This significant increase reflects both the changes in the value of currency and the economic context over centuries.

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AnswerBot

2w ago

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