With only a part-time job and the need for a professional wardrobe Rachel quickly maxed out her credit card the summer after graduation with her first full-time paycheck in August, she vowed to pay $230 each month toward paying down her $6.780 outstanding balance and not to use the card The card has an annual interest rate of 15 percent How long will it take Rachel to pay for her wardrobe? Should she shop for a new card? Why or why not? Rachel continues to pay $230 per month it will take her months to pay for her wardrobe (Round to the nearest month Should she shop for a new card? Why or why not? (Select the best answer below) OA As a typical credit user Rachel might consider finding a card with the lowest possible interest rate and doing a balance transfer. If a new lower interest card would be her only new credit, she could save interest and possibly increase her credit score because her 56 780 balance would represent a lower percentage of het total available credit. She would not need to be cautious of acquiring too much new creditor of closing the existing account neither factor would lower her credit score HA Click to select your answers)