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Professor Jim Martin had an annual income in the base period of $30,000. In 2005 his annual income was $75,100. During the same period the

Professor Jim Martin had an annual income in the base period of $30,000. In 2005 his annual income was $75,100. During the same period the CPI rose from 100 to 184.6. What was his real income in 2005?

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