If you invest $5,000 in an account that pays 6% annual interest, compounded quarterly, how much will you have in the account after 5 years? 2 You have a 30-year mortgage with a fixed rate of 4.5%. If you borrowed $250,000 to purchase your home, what will your monthly mortgage payment be? 3 If you want to have $1 million in your retirement account in 30 years, and your account earns 8% annual interest, compounded monthly, how much money do you need to invest each month to reach your goal? 4 You have a credit card with an outstanding balance of $10,000 and an interest rate of 18%. If you make monthly payments of $500, how long will it take you to pay off the balance, and how much interest will you pay in total? 5 You purchased 100 shares of a stock for $50 per share, and the stock is now trading at $75 per share. If you sell all of your shares, what will be your capital gains tax liability, assuming you have held the shares for more than one year? 

 

What are the differences between IFRS and GAAP, and how do these differences affect financial reporting? 7 What are the different types of financial ratios, and how are they used to analyze a company's financial performance? 8 How do you calculate the weighted average cost of capital (WACC), and why is this important for a company? 9 What are the key components of a company's cash flow statement, and how do these components impact a company's overall financial health? 10 What is the difference between a forward contract and a futures contract, and how are these derivatives used to manage risk in financial markets?