When I was in school, these little 'extra-credit' assignments were usually geared toward stuff we already worked with, just need to figure out how to fit it together. Don't remember being told to get somebody else to do it for me, of I wasn't a business management major...
Anyway, it's a simple switch, likely just need to add a power source and two resistors, for 6 parts, current limiting for LED is another resistor, so 7 parts. Not interested enough to work out the details, thumb through your study notes, really shouldn't be that tough to do the math, which I'm guessing was the entire point of the assignment.