Octoring Enabled Exam 1 1 Use the tables below and Exhibit 1-4. Exhibit 1-8. Exhibit 1-C. Exhibit 1-0 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 00:55:24) Current amount Future Value of a Series times Future value of annuity factor Future value amount equals of Deposits $ 0.00 B. Assuming that she leaves her emergency fund of $1,000 untouched, how much will her emergency fund be worth? Regular deposit amount times Future Value of a Single Amount Future value factor equals 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 caf? Future amount desired times Present Value of a Single Amount Present 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 $33,000 per year in salary. What is the value of five years of salary when the cupcake caf opens? (Assume that she will take the salary as a one-time payment each year) Regular amount to be withdrawn times Present value of annuity factor Present Value of a Series of Deposits equals Present value amount $ 0.00