Suppose you are given the following annual deflator information for the US (https://fred.stlouisfed.org) . Using the information from the table we can conclude that the base year was: 
Definitions:
Combined Present Value
A method of evaluating the overall present value of multiple future cash flows by discounting them back to their present value at a specific discount rate.
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity available to run its operations.
Beginning
The starting point or initial state of an event, process, or accounting period.
Released
Typically refers to products, information, or software being made available to the public or to a specific group.
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