Ali and Sara both are engineers. In 2001, their combined income was $24,150,000. Predict, how much did their income needs to be in 2008 to have the same purchasing power. Use the following Inflation & CPI chart. Whereas Income (future year) / Index (Future year) = Income (previous year) / Index (Previous year)

Annual Inflation & CPI Year 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 26.8 27.6 28.4 28.9 29.4 29.8 30.0 30.4 30.9 31.2 31.8 Year 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 32.9 33.9 35.5 37.7 39.8 41.1 42.5 46.2 51.9 55.5 58.2 Year 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 62.1 67.7 76.7 86.3 94.0 97.6 101.3 105.3 109.3 110.5 115.4 Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 120.5 126.1 133.8 137.9 141.9 145.8 149.7 153.5 158.6 161.3 163.9 Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 168.3 174.0 176.7 180.9 184.3 190.3 196.8 2018 210.0 210.2