Jamie Lee needs to save a total of $7,000 in order to get started in her cupcake cafe venture She Is presently depositing $1,400 a year in a regular savings account Calculate the future value of these deposits. Assuming that she leaves her emergency fund of $1,400 untouched, how much will her emergency fund be worth? What if Jamie Lee had a relative that could give her money now that she could invest7 What is the minimum amount she would need now to ensure that she had $7,000 when she wanted to open the cupcake cafe? As Jamie Lee is planning ahead for operating the cupcake cafe, she calculates that she will need $29,000 per year in salary What is the value of five years of salary when the cupcake cafe opens7 (Assume that she will take the salary as a one-time payment each year) Use the table below and Exhibit VA Exhibit 1-8. Exhibit 1-C and Exhibit I 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 4%