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When Kevin started working 29 years ago, his salary was $71,741. His current salary is $167,845. When Kevin started working, the price level was 128,
When Kevin started working 29 years ago, his salary was $71,741. His current salary is
$167,845. When Kevin started working, the price level was 128, while the current price level is
159. How much has Kevins salary increased in real terms over the 29 years?
State your answer to two decimal places (e.g., 3;28).
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