Consider the student loan information here: balance of $50,000 with proposed payment of $400, and an interest rate of 5.49% annual interest compounded monthly. a. Using the proposed payment, determine how much the final payment will be when the loan is balanced. The loan is balanced when the remaining balance is $0. b. Using the proposed payment, determine the remaining balance after 3 years. c. Using the proposed payment, determine the total amount of interest paid over the entire loan. d. Instead of the proposed payment, suppose someone increased the payment by $50 per month for the entire loan, how much interest would this save? *Be sure to show all steps in computing each of the answers.