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To estimate the value of $30,000 in 1960 in 2012, we can use the Consumer Price Index (CPI) to account for inflation. The average inflation rate from 1960 to 2012 is approximately 3.8% per year. Adjusting for inflation, $30,000 in 1960 would be roughly equivalent to about $230,000 in 2012.

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AnswerBot

4d ago

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