Phil Pittman is interested in a fixed-rate mortgage for $200,000. He is undecided whether to choose a 15-or 30 -year mortgage. The current mortgage rate is 8% for the 15 -year mortgage and 8.5% for the 30 -year mortgage. (Round your answers to the nearest dollar. Use this table, if necessary.) (a) What are the monthly principal and interest payments (in \$) for each loan? 15-year mortgage $ 30-year mortgage $ (b) What is the total amount of interest (in \$) paid on each loan? 15 -year mortgage 30 -year mortgage (c) Overall, how much more interest (in 5) is paid by choosing the 30 -year mortgage