Michelle's credit card has a 1% introductory APR for 12 months and after that a 19.9% APR for purchases. Michelle makes purchases of $150 and plans to pay off her total balance before the grace period ends. Her card has a late fee of $35 and an annual membership fee of $0. How much will Michelle pay to have a $0 balance on her credit card?
$151.50
$150
$148.50
$115