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1 5 . A company sales were $ 2 5 0 million in 2 0 2 3 . If sales grow at 8 % Per

15. A company sales were $250 million in 2023. If sales grow at 8% Per year, how large will they be 10 years later?
Answer should be in the millions. Keep PV negative so that FV is positive.
Excel function needed.
12. How many years will it take a $689 balance to grow into a $850 in an account earning 5%? Use opposite signs for PV and FV. Excel function needed.
11, What is the present value of $8260 that will be paid to you eight years from today af 9% interest? FV to be negative to have a positive PV. Excel function needed.

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