Quote:
Originally Posted by Art Vandelay
In 1971 dollars. 200K in 1971 is over $1M in todays dollars.
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That's about right. The financial nerd in me was curious so I've determined that $200,000 in 1971 is the equivalent of $1,064,494.80 in 2010 dollars(2011 numbers, of course, are not yet available.) My financial calculator shows that to get $1 million out of $200,000 in '71 is equivalent to a rate of 4.105638018%. Carry on.