Help? Need to know how to punch this in excel/financial calculator as well

You work for a pharmaceutical company that has developed a new drug. The patent on the drug will last 17 years. You expect that the drug's profits will be $2 million in its first year and that this amount will grow at a rate o 2% per year or he next 7 years. Once the patent expires, other pharmaceutical companes will be able to produce the same dru a competition wi ke ydin eprofits 2 0 Whats e esent value of the new drug if the interest rate is 12% per year? The present value of the new drug is milion. (Round to three decimal places.)