Hubert is currently holding 3 credit cards: Master card (8.5%,12), Canadian Tire (28%,12) and, La Baie (18%,12). The current balance on each one of his credit cards is $1,000. (a) Owing to poor personal financial management, Hubert is not in a position to make any payments on these credit cards for the upcoming one-year period. How much money will he be owing after one year (on all three cards)? (b) Using your answer to question (a) above, what is the average interest rate Hubert is paying on all three credit cards? (c) Assume now that Hubert goes to his bank and takes a $3,000 one-year loan to pay off all 3 credit cards. The agreement he has with his bank is as follows: the balance on the loan is to be paid at the end of one year and, the interest rate charged by the bank is (7.75%,12). How much money is Hubert owing the bank after one year? (d) By taking a one-year loan with his bank, how much money is Hubert saving?