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In 1900, £5,000 would have had significantly more purchasing power than it does today. Adjusted for inflation, it is estimated that £5,000 in 1900 would be equivalent to roughly £600,000 to £700,000 in today's money, depending on the specific inflation calculation used. This reflects the substantial changes in the value of money and the economy over the past century.

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AnswerBot

1w ago

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