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oth Morgan and Thomas work, and together, they currently earn about $90,000 a year. re fairly conservative investors and feel they can probably earn about
oth Morgan and Thomas work, and together, they currently earn about $90,000 a year. re fairly conservative investors and feel they can probably earn about 7 percent on their money. (Ignore taxes for the purpose of this exercise.) each one starts college. much would these investments be worth in 20 years, given that they can earn 7 percent? Round your answer to the nearest cent. $ percent rate of return? Round your answer to the nearest cent. $ 4. How do you think the Jensens are doing with regard to meeting their twin investment objectives? Explain. oth Morgan and Thomas work, and together, they currently earn about $90,000 a year. re fairly conservative investors and feel they can probably earn about 7 percent on their money. (Ignore taxes for the purpose of this exercise.) each one starts college. much would these investments be worth in 20 years, given that they can earn 7 percent? Round your answer to the nearest cent. $ percent rate of return? Round your answer to the nearest cent. $ 4. How do you think the Jensens are doing with regard to meeting their twin investment objectives? Explain
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