If you could answer questions 1-5 that would be great and I will give big thumbs up

Part 2: Brad Brooks-A Continuing Case 2 Brad Brooks is pleased with your assistance in preparing his porsonal financial state- ments and your suggestions for improving his personal financial situation. He has called you for additional guidance. First, he wants to know what factors he should consider whon solocting a bank and brokerage firm. He is mostly interested in financial institu- tions that will assist him in making Investment and money management decisions. He finds savings accounts boring and has no desire to have one because the interest rato is so low. Brad is also concerned about his liquidity. His credit card (with a $35 annual foo and 18% interest rato) is nearing its credit limit of $10,000. Ho is reluctant to sell his stocks to got cash to pay off part of the credit balance; he thinks that his stock Investment could generate a return of 10% per year over the next fow yours. He does not want to give up this return to pay off his credit card balanco. Go to the worksheets at the ond of this chapter to continue this case. Part 2: Managing Your Liquidity 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 eam a retum of 10% per year, is that better than using the funds to pay off the credit card balance? 3. Would your advice change if Brad were: a. 45 years old? b. 60 years old? 4. In talking to Brad, you mentioned the increasing threat of identify theft. Brad seems concemed and after asking him several questions, you determine the following: a. For convenience, Brad has his driver's license number printed on his checks. He also uses checks to make virtually all payments, including transactions with local merchants, Brad has a debit card, but seldom uses it. b. Since Brad drives past the Post Office to and from work each day, he maintains a Post Office box and mails all letters and payments at the Post Office. c. Brad has several credit cards in his wallet, but uses only one regularly. He also carries his Social Security card, as he can never remember the number. d. Brad recycles, including old invoices, credit card statements, and bank statements after retaining them for the appropriate legal time period. e. Brad uses his cell phone for virtually all his telephone calls, including ordering merchandise and paying by credit card. Comment on each of these points in terms of the risk of identity theft and make recommendations to Brad for appropriate changes that will reduce his risk of exposure to identity theft. + 5. Prepare a written or oral report on your findings and recommendations for Brad