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im having trouble with part B. Use the tables below and Exhibit 1-A, Exhibit 1-B. Exhibit 1-C. Exhibit 1-D to calculate the balances of the
im having trouble with part B.
Use the tables below and Exhibit 1-A, Exhibit 1-B. Exhibit 1-C. Exhibit 1-D to calculate the balances of the information provided below. Assume that the time period for each scenario is 5 years, and the interest rate is 2%. A. Jamie Lee needs to save a total of $9,000 in order to get started in her cupcake cafe venture. She is presently depositing $1,800 a year in a regular savings account. Calculate the future value of these deposits. B. Assuming that she leaves her emergency fund of $3,100 untouched, how much will her emergency fund be worth? 8 Answer is complete but not entirely correct Step by Step Solution
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