A. Jamie lee needs to save a total of $7,000 in order to get started in her cupcake cafe venture. She is presently depositing $1,4000 a year in a regular savings account. Calculate the future value of these deposits.

B. Assuming that she leaves her emergency fund of $1,4000 untouched, how much will her emergency fun be worth?

C. What if Jamie lee had a relative that could give her money now that she could invest? What is the minimum amount she would need now to ensure she had $7,000 when she wanted to open the cupcake cafe?

D. As Jamie Lee is planning ahead for operating the cupcake cafe, she calculates she will need $25,000 per year in salary. What is the value of five years of salary when the cupcake cafe opens? (Assume that she will take the salary as a one time payment each year.)