Posted by Elaine A. on July 16, 1997 at 16:37:27:
In reply to Re: The value of money. posted by Ann on July 16, 1997 at 12:30:18
In P&P, Mr. Bingley has the enormous sum of "5000 a year", but Mr. Darcy has the double. ....BUT, how much would it equal in todays money ? 1 millon ? 10 millions ? More ? Less ?
At the Regency Repository Web Page, a link that is provided at this site, 1 English pound of the Regency day was deemed equivalent to $25 in 1970. If you factor in a 3% annual inflation for 27 years, it would be worth $55.50 today. According to this, Darcy made over 1/2 million current US dollars a year.
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