An engineer in 1950 was earning $6,900 a year. In 2017 she earned $89,000 a year. However, on average, prices in 2017 were higher than in 1950. What was her real income in 2017 in terms of constant...

An engineer in 1950 was earning $6,900 a year. In 2017 she earned $89,000 a year. However, on average, prices in 2017 were higher than in 1950. What was her real income in 2017 in terms of constant 1950 dollars? Use the data in Table 5.8.
(Round your answer to 2 decimal places.)

CPI    Percent Change since 1950

1950   25.0

1960   29.8                         +19.2%

1970   39.8                         +59.2%

1980   86.3                         +245.2

1990   133.8                       +435.2

2000   174.0                       +596.0

2010   219.2                       +776.8

2017    248.0                      +892.0