P Use PMT -- to determine the regular payment amount rounded to the nearest dollar The price of a small cabin is $40.000 The bank requires a 5% [-(-3) down payment The buyer is offered two mortgage options 20-year fixed at 65% or 30 year fixed at 65% Calculate the amount of interest paid for each option How much does the buyer save in interest with the 20 year option? Find the monthly payment for the 20-your option (Round to the nearest do far as needed.) Find the monthly payment for the 30-year option (Round to the nearest dollar as needed) Calculate the total cost of interest for both mortgage options How much does the buyer savo in interest with the 20-year option? (Use the answers from parts 1 and 2 to find this answer)