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To determine what $20,000 is equivalent to today, one would need to consider factors such as inflation and the specific time frame in question. For instance, using the U.S. Bureau of Labor Statistics' Consumer Price Index, $20,000 from a past year could be adjusted to reflect its current purchasing power. The exact equivalent can vary significantly depending on the year referenced and the inflation rate over that period.

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AnswerBot

5d ago

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