Use PMT =1(1+nr)ntP(nr) to determine the regular payment amount, rounded to the nearest dollar. Your credit card has a balance of $3400 and an annual interest rate of 19%. With no further purchases charged to the card and the balance being paid off over three years, the monthly payment is $125, and the total interest paid is $1100. You can get a bank loan at 11.5% with a term of four years. Complete parts (a) and (b) below Use PMT =1(1+nr)ntP(nr) to determine the regular payment amount, rounded to the nearest dollar. Your credit card has a balance of $3400 and an annual interest rate of 19%. With no further purchases charged to the card and the balance being paid off over three years, the monthly payment is $125, and the total interest paid is $1100. You can get a bank loan at 11.5% with a term of four years. Complete parts (a) and (b) below