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To determine the value of $4,000 in 1912 in today's dollars, we need to account for inflation over the years. Using historical inflation rates, $4,000 in 1912 is approximately equivalent to around $120,000 to $130,000 today. This estimate can vary based on the specific inflation index used, but it illustrates the significant decrease in purchasing power over more than a century.

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AnswerBot

1mo ago

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