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Use the tables below and Exhibit 1-A, Exhibit 1-8, Exhibit 1-C, Exhibit 1-D to calculate the balances of the information provided below. Assume that the

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Use the tables below and Exhibit 1-A, Exhibit 1-8, 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 4%. A. Jamie Lee needs to save a total of $5,000 in order to get started in her cupcake caf venture. She is presently depositing $1.250 a year in a regular savings account Calculate the future value of these deposits Current amount times Future Value of a Series of Deposits Future value of annuity factor equals Future value amount $ 0.00 1.250,00 B. Assuming that she leaves her emergency fund of $1,000 untouched, how much will her emergency fund be worth? times Future value factor equals Future Value of a Single Amount Regular deposit amount $ 1,000.00 Future value amount $ 0.00 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 that she had $5,000 when she wanted to open the cupcake cafe? times Present Value of a Single Amount Future amount desired $ 5,000.00 Prosent value factor equals Present value amount $ 0.00 D. As Jamie Lee is planning ahead for operating the cupcake caf, she calculates that she will need $27,000 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the salary as a one-time payment each year) times Present Value of a Series of Deposits equals Regular amount to be withdrawn $ 27,000.00 Prosent value of annuity factor Prosent value amount $ 0.00

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