Calculate the following using the appropriate functions in Excel.

1. CelebNav had sales last year of $700,000, and the analysts are predicting strong future performance for the start-up, with sales growing 20% a year for the next 3 years. After that, the sales should grow 11% per year for 2 years, at which time the owners are planning on selling the company. What is the expected value of those cash flows at the end of 5 years?