Read each question carefully. Choose the answer that best completes the sentence.1. Debt is usually expected in any of the following cases EXCEPT ____. (1 point)purchase of housecredit card purchasespurchase of careducational loans2. When paying down debt, it is best to _____. (1 point)pay as much as possible toward the debt at the beginning of the monthpay as much as possible toward the debt at the end of the monthpay part toward the debt and part toward a savings account at the beginning of the monthpay part toward the debt and part toward a savings account at the end of the monthFor questions 3 and 4, you will be answering by filling in the blanks. Please be aware that your answer mustinclude any commas or decimals in their proper places in order to be correct. The dollar signs have been provided.For example, if the answer is $1,860.78, then you will enter into the blank 1,860.78. Do not place any extra spacesbetween numbers, commas, or decimal places. Round any decimals to the nearest penny when the answer involvesmoney, so that $986.526 would be typed into the blank as 986.53 and $5,698.903 would be typed into the blank as5,698.90.3. You owe $1,350.00 on a credit card with a 14.25% APR. You pay $300.00 at the beginning ofthe month. How much interest do you save by paying at the beginning of the month versusat the end of the month?(1 point)$4. Imagine you put the $300 in a savings account earning 3.0% APR instead of using it to paydown your credit card as in Problem 3. What is the difference between the interest yoursavings account would earn that month vs. the interest that would accrue on your credit cardthat month if you didn't use the $300 to pay it down?(1 point)Someone please help me i am failing and have a D and need to bring my grade up SOMEONE WITH THE CORRECT ANSWERS AND ACTUALLY KNOW THE ANSWERS FOR THIS PLEASE HELP ASAP!!