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A. Jamie Lee nceds to save a totat of $9,000 in order to got started in her cupcake cafe venture. Stie is presenty depositing 51.600

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A. Jamie Lee nceds to save a totat of $9,000 in order to got started in her cupcake cafe venture. Stie is presenty depositing 51.600 a year in a regular bavings account. Calculate the future value of these deposits. 8. Assurning that she lewves her emergency fund of $3,100 untouched, how much wil her emergency fund be worth? C. What if Jamie Lee had a relative thot could give her money now that she could invest? What is the minimum amoint shie would need now to ensure that she had $9,000 when she wanted to open the cupcake cafe? D. As Jamie Lee is planning ahead for operating the cupcake caft, she colculates that she will noed $24,000 per year in salan. What is the value of five years of salary when the cibcake cofe opens? (Assume that she will take the salary as a one-ime payment pach yeac) Use the table below and Exhibit L. A. Fixh big.1.A. Exhibit LC. and Exhibit. D to calculate the balances of the information provided above. Assume that the time period for each scenario is 5 years, and the interest rate is 2%. A. Future Value of a Series of Deposits Q. Future Value of a Single Amount C. Present Value of a Single Amount D. Present Value of a Series of Deposits

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