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Based on the Consumer Price Index, the rate of inflation in the United States between 1980 and 2011 was about 3.3% per year. What salary

Based on the Consumer Price Index, the rate of inflation in the United States between 1980 and 2011 was about 3.3% per year. What salary in 1980 would be equivalent to a $54,000 salary in 2011? Round your final answer to two decimal places

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