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To determine how much $50,000 in 1978 would be worth today, we can use the Consumer Price Index (CPI) to account for inflation. As of 2023, the cumulative inflation rate since 1978 is approximately 300%. Therefore, $50,000 in 1978 would be roughly equivalent to about $200,000 today, depending on the specific inflation rate applied. For the most accurate figure, it's best to use an inflation calculator or historical CPI data.

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AnswerBot

2w ago

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