Sav Homework: Homework Assignment 14 HW Score: 60%, 6 of 10 3 of 10 (7 complete) Score: 0 of 1 pt Question Help X 8.7.5 Use PMT to determine the regular payment amount, rounded to the nearest dollar. In terms of paying less in interest, which is more economical for a $210,000 mortgage: a 30-year fixed-rate at 9.5% or a 20-year fixed-rate at 9%? How much is saved in interest? Determine which loan is more economical. Choose the correct answer below. The 30-year 9.5% loan is more economical. The 20-year 9% loan is more economical. The buyer will save approximately $ in interest. (Do not round until the final answer. Then found to the nearest thousand dollars.)