And Then There Were Three Kenny and Ellen are married during their senior year in college. They

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And Then There Were Three Kenny and Ellen are married during their senior year in college. They plan and save $3,000 for a honeymoon trip to Europe after graduation. They both have offers for jobs that begin in July. Two months before graduation, they discover that Ellen is pregnant.

1. Should they change their honeymoon plans?

2. Explain why they should reevaluate their honeymoon decision based on the change in their life circumstances.

3. If they invest the $3,000 instead of spending it, how much will it be worth in 10 years if they earn 7 percent per year on their investment.

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