What are the differences between an employee and an


1. What are the differences between an employee and an independent contractor?

2. Essay type question: What are the factors that lead to a change in the exchange rate of a currency? What are the relationships between exchange rates and (i) inflation rates and (ii) interest rates?

3. Your annual income is $82,700. Assuming interest rates of 5.1% what is the most you could borrow for a 30 year mortgage if monthly taxes and insurance are $225 and you have other debt of $275 per month? What down payment would you need to make to not have to buy insurance?

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