Your credit card has a balance of $$4800$ and an annual interest rate of $16\%.$ With no further purchases charged to the card and the balance being paid off over two years, the monthly payment is $$235,$ and the total interest paid is $$840.$ As an alternative, you can get a bank loan at $8\mathrm{.}5\%$ with a term of three years to pay off the credit card balace.

Answer the following four$-$part question.

Part $1$: What are the monthly payments for the bank loan? Do not round until the final answer. Round the answer to the nearest dollar as needed.

Part $2$: How does this monthly payment compare with the credit$-$card payment each month? Select the correct choice below.

A$.$ The monthly payment for the bank loan is less than the monthly credit$-$card payments.

B$.$ The monthly payment for the bank loan is more than the monthly credit$-$card payments.

Part $3$: How much total interest will you pay for the bank loan? Round the answer to the nearest dollar as needed. :

Part $4$: How does total interest for the bank loan compare with the total credit$-$card interest? Select the correct choice below.

A$.$ The total interest for the bank loan is more than the total credit$-$card interest.

B$.$ The total interest for the bank loan is less than the total credit$-$card interest.