15. Last year on spring break in Puerto Vallarta, you treated everyone to cocktails. When you woke up, you learned you had signed the credit card bill for $500. If the interest rate on the credit card is 12% and you make the minimum monthly payment of $15 per month, how long will it take you to pay off the bill? A. Less than 2.0 years B. 2.0 years to 3.0 years C. 3.0 years to 4.0 years D. 4.0 years to 50.0 years E. You'1l never pay it off unless you increase the monthly payment. 15. Last year on spring break in Puerto Vallarta, you treated everyone to cocktails. When you woke up, you learned you had signed the credit card bill for $500. If the interest rate on the credit card is 12% and you make the minimum monthly payment of $15 per month, how long will it take you to pay off the bill? A. Less than 2.0 years B. 2.0 years to 3.0 years C. 3.0 years to 4.0 years D. 4.0 years to 50.0 years E. You'1l never pay it off unless you increase the monthly payment