Your credit card has a balance of $ and an annual interest rate of %. With no further purchases charged to the card and the balance being paid off over years, the monthly payment is $, and the total interest paid is $. You can get a bank loan at % with a term of years. Complete parts (a) and (b) below. Question content area bottom 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.)