If you take the maximum length of time to pay off a credit card, at a rate of 18.5%, how much interest will you pay in interest on a debt of $2,000? Based your calculations on a minimum payment of 1/36 or $20, whichever is greater.

Select one:

A.

$3,401

B.

$989

C.

$1,934

D.

$1,557

E.

$4,223