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Business, 04.03.2021 09:00 portedon6626

John is 63 years old, owns his house, and is a little bit anxious about whether he has enough money for retirement. He is considering borrowing $20,000
against his home to invest in a series of aggressive growth sock mutual funds.
The track record for these funds over the last three years has been an average
growth rate of 21.2%. The interest rate on the loan would only be 7.5%. Should
john do this to help with his retirement?

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