Daughter is getting married bob and Mary would like to either 1)

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Daughter is getting married bob and Mary would like to either 1)
  • Daughter is getting married bob and Mary would like to either 1)

  • Answers • 1 pages • 2019
  • Mary and Bob have been married for 25 years. They are both college professors. Mary (50 years of age) makes $65,000 annually and Bob (60 years of age) makes $75,000 annually. Their oldest daughter is getting married. Bob and Mary would like to either 1) take out a second mortgage on their home (they can get an interest rate of 7 percent) or 2) withdraw funds from their IRAs or 3) sell their rental property. The cost of the wedding is $35,000. The equity in their home is $150,000; they have $80,0...
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