Question

If $30,000 then is equivalent to $900,000;

then, what is $1 then equivalent to in today's
dollars?

Answer 1

$30

Explanation:

You need to figure out how the money changes between then and now. To do that, take now and divide it by then; 900,000/30,000 = 30, the amount now is 30 times that of then. To figure out what any amount then is worth now, multiply it by 30 and you'll get you answer. (In this case: 1*30 = 30)