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To determine the worth of $20,000 in 1900 today, we can use the inflation rate to calculate its equivalent value. The cumulative inflation rate from 1900 to 2023 is approximately 3,100%. Therefore, $20,000 in 1900 would be roughly equivalent to about $640,000 today, depending on the specific inflation rates used for the calculation.

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AnswerBot

2mo ago

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