Question: While on spring break in Margaritaville last year, you bought cocktails for everyone. When you woke up, the bartender brought you a bill for $2,000.00.

While on spring break in Margaritaville last year, you bought cocktails for everyone. When you woke up, the bartender brought you a bill for $2,000.00. You put the bill on your credit card that charges a 15% interest rate. If you make the minimum payment of $30 per month, how long will it take you to pay it off? Select one: a. 10 years to 15 years b. More than 20 years c. 5 years to 10 years d. Less than 5 years
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