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CASE QUESTIONS 1. Assuming that you could convince Brad to maintain checking, savings, and retirement accounts, discuss the pros and cons of various types of

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CASE QUESTIONS 1. Assuming that you could convince Brad to maintain checking, savings, and retirement accounts, discuss the pros and cons of various types of financial institutions where Brad could maintain his a. checking account b. savings account c. retirement accounts Be sure to comment on Brad's idea to find financial institutions that can give him advice on his financial decisions. 2. Even if Brad's stock investments earn a return of 10% per year, is that better than using the funds to pay off the credit card balance? Recall that the credit card interest rate is 18%. Based on his pro- jected annualized return, would it be advisable to sell the stocks to pay off his credit card? Should Brad consider shopping for a new credit card? 3. Would your advice change if Brad were a. 45 years old? CASE QUESTIONS 1. Assuming that you could convince Brad to maintain checking, savings, and retirement accounts, discuss the pros and cons of various types of financial institutions where Brad could maintain his a. checking account b. savings account c. retirement accounts Be sure to comment on Brad's idea to find financial institutions that can give him advice on his financial decisions. 2. Even if Brad's stock investments earn a return of 10% per year, is that better than using the funds to pay off the credit card balance? Recall that the credit card interest rate is 18%. Based on his pro- jected annualized return, would it be advisable to sell the stocks to pay off his credit card? Should Brad consider shopping for a new credit card? 3. Would your advice change if Brad were a. 45 years old

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