Answer each question in paragraph form using proper sentence structure, grammar, spelling, and punctuation and using coordinated labeling. (i.e. a, b, c...).Each question should be written in a complete paragraph form containing at least 4-5 sentences. Cite sources used for the completion of the project.A minimum of 1 credible source is required to receive full credit. Sources must be in proper APA format. The textbook is a credible source. Textbook: Focus on Personal Finance ISBN: 9781264111954

M4 | Consumer Credit and Loans - Provide a list of suggestions when choosing a credit card. - What are the six rules for using a store credit card? - Using the Bankrate - Links to an external site. - website answer the following real-life questions: If you had $5,000 credit card debt with an interest rate of 24% | APR, share the results of using three different combinations of the payment amount and payoff time of your choice. - Explain the three different options when obtaining a loan. - Explain how you can avoid the minimum monthly payment trap