Attached, please find two required documents for the Module 3 LASA. 1) The tutorial that will guide you through the assignment 2) The template that is REQUIRED to submit your work. Please download these documents ASAP and begin working so that you have plenty of time to tackle this Assignment! Assignment 2: LASA 1: Analysis of Credit Card Debt Credit card debt is a reality for many in today’s world. Suppose that you had a $5,270.00 balance on a credit card with an annual percentage rate (APR) of 15.53 percent. Consider the following questions and prepare a report based upon your conclusions. This report must be submitted as a Word document and attachment to the . Consider the following questions and prepare a report based upon your conclusions. Your report should be created as a Word document, but you are encouraged to create graphs and charts (which can be made in Excel and copied to the Word document) to illustrate your points. Remember: make sure you
explain what the charts and/or graphs mean; do not assume the reader understands what they mean. , complete the assigned exercises. Calculations—Student correctly computes the minimum monthly payment for the scenario. Student correctly computes the amount of interest and principal being paid down with minimum payments based upon the scenario.48Analysis—Student effectively analyzes the terms, conditions, and charges for a credit card or another form of consumer debt. Student outlines a thoughtful and detailed plan to pay down a credit card or another form of consumer debt based upon a specific time frame.48Implications—Student provides insightful commentary regarding handling and/or avoiding the pitfalls of credit card debt or another form of consumer debt.48 Organization—Introduction,Thesis,Transitions,Conclusion12Usage and Mechanics—Grammar, Spelling, Sentence structure24APA Elements—Attribution, Paraphrasing, Quotations16Style—Audience, Word Choice4