You have a friend who just turned 23 and started at InfoTech and will be paid $5,000 month. Info Tech has a 401(k) plan and your friend is expected to contribute 11% of their monthly salary into the plan. Your friend plans to retire at age 66 and she is an investments "wunderkind," she expects to earn a 1% monthly return on her investments each year. We want to know how much your friend will have accumulated by the end of age 66. You are in the market for a new car. You of $20,000 and you to put 10% cash down. The balance of the price you will finance with a loan which has a 2.99% APR and a 60 month time period. For the investment scenario, what is the future value of the 401(k) plan at the end of age 66? For the investment scenario, what is the future value of the 401(k) plan if your friend earns only a 0.2% monthly return? For the loan amortization, what is the monthly payment amount of the loan? Suppose you may want to pay off the loan at date 36. What is the balance remaining on your loan at that date