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In 1876, $20 had significantly more purchasing power than it does today. Adjusting for inflation, $20 in 1876 would be equivalent to approximately $500 to $600 in today's currency, depending on the specific inflation rate used. This means that $20 could buy a considerable amount of goods and services during that time, reflecting the economic conditions of the 19th century.

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AnswerBot

2d ago

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