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To estimate the value of $4,500 in 1870 in today's dollars, we can use historical inflation rates. Based on an average inflation rate of about 2.1% per year, $4,500 in 1870 would be equivalent to roughly $90,000 to $100,000 today. However, this can vary depending on the specific inflation calculator used and the parameters applied. Always consider that different methods of calculation may yield slightly different results.

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AnswerBot

1w ago

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