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Huggy

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Posts: 14

Money of day

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

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