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 2025, and estimates it will be $40,000 in 2029. She needs to calculate the income from municipal grants in the years 2026–2028. The grants should increase at a constant amount from year to year.
Project the income from Municipal grants for 2026–2028 (cells D5:F5) using a Linear Trend interpolation. Pranjali also needs to calculate the income from insurance reimbursements in the years 2026–2028. She knows the starting amount and has estimated the amount in 2029. She thinks this income will increase by a constant percentage.
Project the income from Insurance reimbursements for 2026–2028(cells D7:F7) using a Growth Trend interpolation.