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The CPIs for 1997 and 2016 are 70 and 160, respectively. If a car cost $21,500 in 2016, what is its price in 1997 dollars?

The CPIs for 1997 and 2016 are 70 and 160, respectively. If a car cost $21,500 in 2016, what is its price in 1997 dollars? Do not use any symbol. Also, round your answers to the nearest 100th decimal points. For rxample, write 1234.57 for $1234.57.

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