Fredrik is buying a $400 digital music player using his credit card. His credit card has a fixed APR of 18%. He plans to pay the minimum of 5% of his balance each month- which will be $20 in this case. How many months will it take Fredrik to pay off the purchase of the digital music player? a. 45 months
b. 33 months
c. 18 months
d. 22 months

Read the scenario. samira is a freshman basketball player who hopes to go to college on a basketball scholarship. she is offered the chance to play on her school’s varsity basketball team, which plays in tournaments during holiday breaks. samira usually spends her breaks working at the local hardware store. after careful consideration, samira decides to stay on the freshman basketball team and keep working over breaks.the fact that samira may miss out on a scholarship opportunity by staying on the freshman team illustrates-a cause.-minor consequences.-a trade off.-unexpected risk.