Use PMT = to determine the regular payment amount, rounded to the nearest dollar. Your credit card has a balance of $3200 and an -nt 1-(-* 1- annual interest rate of 16%. With no further purchases charged to the card and the balance being paid off over four years, the monthly payment is $91, and the total interest paid is $1168. You can get a bank loan at 8.5% 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.) O A. The monthly payments for the bank loan are approximately $ This is $ more than the monthly credit-card payments. O B. The monthly payments for the bank loan are approximately $ This is $ less than the monthly credit card payments. b. How much total interest will you pay? How does this compare with the total credit-card interest