Sarah got a new credit card and has already charged $100 on it. but, she is paying her minimum payments, $20, on time before the end of her grace period. she has an introductory apr on her card of 0% for one year. after the introductory period expires, the apr is 17.99%. how long will it take her to pay off the balance on the card? a. nine months b. four month c. two months d. five months

(D) 5 months

Step-by-step explanation:

Principal amount = $100

APR = 0% for one year

Time = (t) months

Minimum payments = $20

If the monthly payment is $20 and Sarah has to give a total of $100 with  no interest.

So, the months needed to pay off the balance of the card =

                                                          = 5 months

Hence, option (D) is correct.

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step-by-step explanation: