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How much money are they worth today for 40,000 USD in 1960?

 
 
Reply Wed 15 Aug, 2012 12:43 am
Let me guess, they are worth today's four million US dollars.
What do you say?
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Type: Question • Score: 2 • Views: 4,995 • Replies: 5
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hawkeye10
 
  0  
Reply Wed 15 Aug, 2012 12:53 am
@oristarA,
$310,105.41

http://146.142.4.24/cgi-bin/cpicalc.pl?cost1=40%2C000&year1=1960&year2=2012

Next question is this: Is the Chinaman smart enough to not have Hawkeye10 on Ignore?
oristarA
 
  1  
Reply Wed 15 Aug, 2012 02:31 am
@hawkeye10,
hawkeye10 wrote:

$310,105.41

http://146.142.4.24/cgi-bin/cpicalc.pl?cost1=40%2C000&year1=1960&year2=2012

Next question is this: Is the Chinaman smart enough to not have Hawkeye10 on Ignore?


Firstly, thank you for the information.
Second, don't act like a loony at Able2Know College, okay?
hawkeye10
 
  -1  
Reply Wed 15 Aug, 2012 02:38 am
@oristarA,
Quote:
Second, don't act like a loony at Able2Know College


COLLEGE!!?? A2K is a Junior High School
0 Replies
 
OmSigDAVID
 
  0  
Reply Wed 15 Aug, 2012 03:26 am
@hawkeye10,
hawkeye10 wrote:
$310,105.41

http://146.142.4.24/cgi-bin/cpicalc.pl?cost1=40%2C000&year1=1960&year2=2012

Next question is this: Is the Chinaman smart enough to not have Hawkeye10 on Ignore?
What is the authority for this calculator ?

Who produced it ?





David
engineer
 
  1  
Reply Wed 15 Aug, 2012 06:44 am
@OmSigDAVID,
That website is from the Bureau of Labor Statistics. Nice link Hawk. You can click the "about this calculator" tab to learn more. The average 1960-2012 inflation rate ends up at 4%.
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