You want to by a new Corvette. You can afford car payments of $800 per month for five years. The car dealership will change you an interest rate [APR] of 4.75% per year. How much can you borrow? Select one: a. More than $45,000 b. $40,000 to $45,000 c. $30,000 to $35,000 d. $35,000 to $40,000 e. Less than $30,000 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 e. 15 years to 20 years