I haven't had much experience with Premiere Elements, but "interpret footage" is not the way you want to go. That's generally a method for taking standard video -- 60i -- and making it play back in an approximation of something else, in this case, 24p.
The problem is that the footage isn't really 60i footage; it's recorded that way out of necessity. Extra fields were added to the 24p footage to make it fit in 60i, but it's still 24p footage. I can't imagine you'd end up with anything but a mess.
24p footage should not be "interpreted"; it should not be "deinterlaced." The only proper way to deal with it, to edit it as 24-frame progressive footage, is to remove its pulldown correctly.
Premiere Elements doesn't have this ability, so until you move up in editors, you're best off shooting 24p standard and editing it on the 60i (29.97) timeline.
The problem is that the footage isn't really 60i footage; it's recorded that way out of necessity. Extra fields were added to the 24p footage to make it fit in 60i, but it's still 24p footage. I can't imagine you'd end up with anything but a mess.
24p footage should not be "interpreted"; it should not be "deinterlaced." The only proper way to deal with it, to edit it as 24-frame progressive footage, is to remove its pulldown correctly.
Premiere Elements doesn't have this ability, so until you move up in editors, you're best off shooting 24p standard and editing it on the 60i (29.97) timeline.