Use PMT= nt to determine the regular paynent amount, rounded to the nearest dollar. 1-1 + 1 Your credit card has a balance of $5700 and an annual interest rate of 18%. With no further purchases charged to the card and the balance being paid off over four years, the monthly payment is $167, and the total interest paid is $2316. You can get a bank loan at 10.5% with a term of five years. Complete parts (a) and (b) below. 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.) This is $ more than the O A. The monthly payments for the bank loan are approximately $ monthly credit card payments. OB. The monthly payments for the bank loan are approximately 5 monthly credit card payments. This is s less than the b. How much total interest will you pay? How does this compare with the total credit-card interest? Select the correct choice below and fill in the answer boxes to complete your choice. (Use the answer from part a to find this answer. Round to the nearest dollar as needed.) . This is s less O A. The total interest paid over 5 years for the bank loan is approximately $ than the total credit card interest. OB. The total interest paid over 5 years for the bank loan is approximately $ than the total credit card interest . This is $ more