Question: Use the tables below and Exhibit 1 - A , Exhibit 1 - B , Exhibit 1 - C , Exhibit 1 - D to

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%.
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.
Assuming that she leaves her emergency fund of $1,000 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 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?
As Jamie Lee is planning ahead for operating the cupcake caf, she calculates that she will need $26,000 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

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