You have a credit card with a balance of $1,187.92 and the interest is 12.25% apr. a late fee of $30.00 is charged for payments after the due date. you missed your payment due date, but plan to make a payment of $125.00 on the next due date. what will be the new principle after that payment?
a) $1,242.39
b) $1,105.05
c) $1,117.61
d) $1,062.92