Develop three or four suggestions that could help Brad reduce his income tax exposure.
Answer to relevant QuestionsWould any of your recommendations in questions 1 through 3 change if Brad were 45? If he were 60? Why or why not? What effect would a general change in current interest rates have on you as a depositor or borrower? What is a financial conglomerate? List some services financial conglomerates provide. Give some examples of financial conglomerates. Julie wants to open a bank account with $ 75. Julie estimates that she will write 20 checks per month and use her ATM card at the home bank. She will maintain a $ 200 balance. Which bank should Julie choose? How does it differ from long- term investment or long- term borrowing decisions?
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