Hi,

=2400000/1.025


--
Thanks,
Shane Devenshire


"Huggy" wrote:

I have a requirement to back date budget data. I have a budget amount for
2008 of $9,400,000 but need to enter a value in budget spreadsheet for 2007
$$$ based on 2.5% CPI. What formula do I use to discount 2008 value to 2007
value baed on 2.5% CPI?
Thanks