Jamie Lee and Ross agree that by accomplishing their short goals, they can budget $5,000 a year towards their long-term investment goals. They are estimating that with the allocations recommended by their financial advisor, they will see an average of 7 percent on their investments. The triplets will begin college in 15 years and will need $100,000 for tuition. Using the Time Value of Money calculations, decide if Jamie Lee and Ross will be on track to reaching their long-term financial goals of having enough money from their investments to pay the triplets’ tuition.

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