$29.$ A new car costs $$80,000.$ A customer has been offered the following terms on a car loan: $8\%$ interest on a five year loan with monthly car payments.

Determine the monthly car payment on the loan?

$30.$ A stock is expected to pay a dividend of $$4$ and the dividend is expected to grow at $6\%.$ If the required rate of return is $10\%,$ what is the maximum that should be paid for the stock today?

$31.$ A stock is expected to pay a dividend of $$4$ and the dividend is expected to grow at $6\%.$ If the investor paid $$50$ for the stock today, what is the expected rate of return on the stock?

$=4(1+0\mathrm{.}06)=4\mathrm{.}24$$

$32.$ A stock just paid a dividend of $$4$ and the dividend is expected to grow at $6\%.$ If the investor paid $$50$ for the stock today, what is the expected rate of return on the stock?