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to determine the regular payment$$ amount, rounded to the nearest dollar. Your credit card has a balance of $$$$2800$ and an annual interest rate of $18\%.$ With no further purchases charged to the card and the balance being paid off over three $$years$,$ the monthly payment is $$$$101,$ and the total interest paid is $$$$836.$ You can get a bank loan at $10\mathrm{.}5\%$ with a term of four years. Complete parts $($a$)$ and $($b$)$ below.

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Part $1$

a$.$ How much will you pay each$$ month? How does this compare with the$$ credit$-$card payment each$$ month? Select the correct choice below and fill in the answer boxes to complete your choice.

$($Do not round until the final answer. Then round to the nearest dollar as$$ needed.$)$

A$.$

The monthly payments for the bank loan are approximately $$$

$$

enter your response here. This is $$$

$$

enter your response here more than the monthly$$ credit$-$card payments.

B$.$

The monthly payments for the bank loan are approximately $$$

$$

enter your response here. This is $$$

$$

enter your response here less than the monthly$$ credit$-$card payments.