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what is 20 cents from 1930 worth today

 Oct 18, 2015

Best Answer 

 #3
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+5

REMEMBER!. I told you that "It ALL depends on the inflation rate!!!!!!!!!!!". So, why the difference? Because they have used inflation rate of 3.175%. So, if you use this number, then you will have: 1.03175^85 X .20=$2.85 approx.

 Oct 18, 2015
 #1
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It ALL depends on the "inflation rate". If you assume an average inflation rate of 3%, then (1.03)^85 X .20=$2.47 of taday's money.

 Oct 18, 2015
 #2
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+5

According to the inflation calculator @  http://www.usinflationcalculator.com/

20 cents in 1930 would be worth

$ 2.85   in today's value

 Oct 18, 2015
 #3
avatar
+5
Best Answer

REMEMBER!. I told you that "It ALL depends on the inflation rate!!!!!!!!!!!". So, why the difference? Because they have used inflation rate of 3.175%. So, if you use this number, then you will have: 1.03175^85 X .20=$2.85 approx.

Guest Oct 18, 2015

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