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In 1969, the CPI is 37.7. In 1974, the CPI is 51.9. In 1969, the average cost of a house was $12,400. If the cost

In 1969, the CPI is 37.7. In 1974, the CPI is 51.9. In 1969, the average cost of a house was $12,400. If the cost of the house changed only in accordance with inflation, how much was the average cost of a house in the year 1974?

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