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During your first meeting with Alex and Lana, you promised them a full analysis of their cash flows, assets vs. liabilities, and taxes. To accomplish
During your first meeting with Alex and Lana, you promised them a full analysis of their cash flows, assets vs. liabilities, and taxes. To accomplish this task, you took notes during your first meeting with the clients; the notes are summarized below: Alex an oil and gas engineer, age 37 Lana an administrative assistant at an oil and gas company, age 37 Education loan balance $12,322 (Alex) The couple doesn't have any kids. Groceries $700 Gas $400 Monthly mortgage payments $3,789 Cash in a chequing account $1,500 (Lana) They purchased their home for $300,000 around six years ago, now the house price is $400,000. The house is owned jointly Credit
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