Question: GO Use PMT to determine the regular payment amount, founded to the nearest dollar informs of paying loss in interest which is more economical 1

GO Use PMT to determine the regular payment amount, founded to the nearest dollar informs of paying loss in interest which is more economical 1 for a $190.000 mortgage a 30-year foredrate at 7% or a 20-yearfixed-rate at 65% How much is saved in interest? Determine which loan is more economical Choose the correct answer below The 30-year 7% loan is more economical The 20-year 6.5% loan is more economical The buyer will save approximately interest (Do not found on the final awet. Then round to the nearest thousand dollars) Itin ter pour

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