Q Part I (10 points) Visit https://partner.barrons.com/p/p_bie/enter-redemption-code/CHESc0xp8y8e and sign up for a free student account using your Crimson email account. After creating your account, locate a current article (published this semester) relevant for you and use your words to summarize and identify your key takeaways. Expected length 250-500 words. Include in-text citation as needed and include your reference using APA Format. A great tutorial on APA format is available but I am also including the way to list the reference here: Author, A. A. & Author B. B. (Date of publication). Title of page [Format description when necessary]. Retrieved from https://www.someaddress.com/full/url/. Part II (10 points) Find three different credit card applications (online at sites such as bankrate.com or nerdwallet.com, at restaurants, at gas stations or retail shops, etc). 1. Complete the Credit Card Comparison worksheet to help you compare credit cards. Name the three cards and list the required information. CREDIT CARD COMPARISON WORKSHEET QUESTION Card 1: Card 2: Card 3: 1. Annual fee 2. Annual percentage rate: Is it fixed or variable? 3. Transaction fees (balance transfers, cash advances, etc.) 4. Late fee 5. Insurance on purchases 6. Credit earned toward purchases at selected businesses 7. Rewards for use 8. Grace period 2. State your ultimate selection (do not tell me that you do not want a credit card since this is a hypothetical scenario). 3. Summarize the process you went through. Indicate your selection criteria and discuss why this card best suits your needs – give pros/cons. Part III (10 points) Visit https://www.consumercredit.com/debt-resources-tools/financial-calculators/credit-management/credit-card-interest-calculator/ and use the Credit Card Interest Calculator. Assume that you are like a quarter of college students and have at least a minimum of $3,000 for your credit card balance (note that I would prefer you to use your actual balance if you indeed have a card with a substantial balance). You can also peruse the other calculators (https://www.consumercredit.com/debt-resources-tools/financial-calculators/debt-management/debt-payoff-calculator/) to see if any would be useful for you. Run the calculation using the interest rate from the card you chose in Part II (refer back to your completed credit card comparison worksheet). Enter the other requested variables. 1. After calculating, the result will show you many months it will take to be rid of the debt (assuming you make no additional charges) and how much interest you will pay. Submit your original variables entered along with the results. o Total Purchase Amount/Current Balance o Credit Card APR/ Current Interest Rate o Planned Monthly Payment o Number of Months to Pay Off o Total Finance Charges/Interest Paid o Total Cost/Savings 2. Discuss (minimum of 100 words) what you consider to be appropriate uses of credit and what you learned from this exercise.