Quick answer
Одну́ мину́ту.
adnú minútu — in the accusative, because it answers “for how long”
The options
Why мину́ту
A duration answers the question как до́лго? and takes the accusative: одну́ мину́ту, две мину́ты, час. The diminutives мину́точку and секу́ндочку are what people actually say — they sound friendly rather than curt.
Сейча́с
Сейча́с literally means “now”, but as a one-word answer it means “I am on it”. Said slowly, сейча́-а-ас, it means the opposite.
What you hear back
Typical mistakes
Одна́ мину́та.
Одну́ мину́ту.
Duration goes in the accusative.
Подожди́ — to a stranger
Подожди́те
Use the polite plural with people you do not know.
Check yourself
Which form is correct?