Sarah is sick of lockdown and indulges herself in online shopping spree. She spends $3,000 on her credit card. She is cash-strapped and can only afford to make the monthly minimum repayment (maximum of $25 and 2.5% of balance outstanding). The interest rate on the credit card is 20% pa (compounded monthly). Of her rst monthly minimum repayment, how much goes towards paying down her balance? 0 $75 0 $0 0 $50 '0 $25