9. Go to the Earnings Projections worksheet. Pranjali has entered most of the income and expense data on the worksheet. She knows the income from municipal grants will be $25,000 in 2022 , and estimates it will be $40,000 in 2026 . She needs to calculate the income from municipal grants in the years 2023-2025. The grants should increase at a constant amount from year to year. Project the income from Municipal grants for 2023-2025 (cells D5:F5) using a Linear Trend interpolation. 10. Pranjali also needs to calculate the income from insurance reimbursements in the years 2023-2025. She knows the starting amount and has estimated the amount in 2026. She thinks this income will increase by a constant percentage. Project the income from Insurance reimbursements for 2023-2025 (cells D7:F7) using a Growth Trend interpolation. 1. Pranjali needs to calculate the payroll expenses in the years 2023-2026. She knows the payroll will be $140,000 in 2022 and will increase by at least five percent per year. Project the payroll expenses as follows: a. Project the expenses for Payroll for 2023-2026 (cells D13:G13) using a Growth Trend extrapolation. b. Use 1.05 (a 5 percent increase) as the step value
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