[lbo-talk] How to do real dollar conversions?

Charles Turner vze26m98 at optonline.net
Tue Dec 16 05:05:48 PST 2008


On Tue, 16 Dec 2008 04:25:35 -0800 (PST), Wojtek Sokolowski wrote:
> [WS:] Right. The baseline year for that index is 2000, so $100 in
> 2000 was about $431 in 1967 (100/0.232) and $85 in 2007 (100/1.177).
> Make sure to divide the index number by 100 (to obtain decimal
> fractions) to do your price conversions.

Thanks Wojtek and Shane!

Charles



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