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Pranjali needs to calculate the payroll expenses in the years 2 0 2 3 - 2 0 2 6 . She knows the payroll will

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.
The Projected Revenue line chart in the range H4:Q19 shows the revenue Pranjali
estimates in the years 2022-2026. She wants to extend the projection into 2027.
Modify the Projected Revenue line chart as follows to forecast the future trend:
a. Add a Linear Trendline to the Projected Revenue line chart.
b. Format the trendline to forecast 1 period forward.
The Revenue Trend scatter chart in the range A21:G40 is based on monthly revenue
estimates listed on the Monthly Revenue Projections worksheet. Pranjali wants to include
a trendline for this chart that shows how revenues increase quickly at first and then level
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