By Wednesday, April 2, 2014 , complete the assigned exercises.Assignment 2 Grading Criteria Maximum Points Assignment Components 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.48Writing Components Organization—Introduction,Thesis,Transitions,Conclusion12Usage and Mechanics—Grammar, Spelling, Sentence structure24APA Elements—Attribution, Paraphrasing, Quotations16Style—Audience, Word Choice4Total: 200