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Inflation value of 7.2 million dollars in the year 1867 to current time?
Wiki User
∙ 13y ago
A basket of goods and services
that cost £7,200,000.00
in quarter 3 of 1867
would have cost
$728,524,590.16
in quarter 3 of 2010
Total percentage change4,959.2%Number of years difference143.00Compound average annual rate2.8%Decline in purchasing power98.0%Index value for 1867 quarter 3 is22.0Index value for 2010 quarter 3 is1111.0
Wiki User
∙ 13y ago
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What are the differences between inflation and deflation?
Inflation is when the value of money declines so it takes more dollars to purchase the same goods or services. Deflation is the opposite.
How does inflation decrease individual's wealth?
Inflation is the rise in the price level of a specific economy. Unanticipated inflation hurts savers and creditors. It declines the value of money. $1000 today may only be worth $500 dollars tomorrow if inflation is occurring at 100%.
What is the value of a 1989 American Eagle silver dollar?
Current value is about $29.00 dollars.
What is the value of 10000 pounds sterling from 1776?
about half a million dollars now
What is inflation risk?
inflation reducing the value of investors' financial assets
What is 16 million US dollars in 1869 worth today?
16 million US dollars in 1869 would be worth $280,701,754.39 today in August 2014. The discrepancy in value is due to inflation.
Which ones has the most value million dollars or million dollars?
The million dollars. Definitely.
How much would 100 American dollars in 1883 be worth today?
The value of $100 American dollars from 1883 would now be $2462.14 USD. This figure calculates the current rate of inflation.
What is the value of 9 trillion dollars?
About 3 million times the value of 3 million dollars.
Is cash is valued at par value?
Par value is the standard price of securities such as Stock and Bonds; it has nothing to do with cash valuation. Cash is stated on the financial statements at Nominal Value (i.e., current dollars unadjusted for inflation).
What is the value now of 6 million dollars in 1812?
103.5 million dollars.
What is the value of a 1804 dollar?
Current sales data shows all 19 of the coins each have a value of one million dollars, one example sold for more than 4 million.
What does it mean to have a million dollars?
The meaning of having a million dollars is that the value of your assets and property equals 1 million dollars.
How do you treat fixed assets in inflation accounting?
At current Market Value
How much money ws lost from the tr-state tornado?
The Tri-State tornado of 1925 caused $16.5 billion dollars in damage. That value in 1925 dollars is worth $210 million today when adjusted for inflation.
What is the value of one billion dimes?
One hundred million dollars ($100,000,000) is the value of one billion dimes.
Difference between nominal and real variable?
A nominal variable is a variable measured in current dollars (the value of the dollar for the specific period discussed), and a real variable is a variable measured in constant dollars (the value of the dollar for the base period). That is, a real variable adjusts for the effects of inflation.
