Question: PLEASE answer both questions with 4 decimal points. THANK YOU! You borrow $24169 to buy a car. You will have to repay this loan by

PLEASE answer both questions with 4 decimal points. THANK YOU!

PLEASE answer both questions with 4 decimal points. THANK YOU! You borrow $24169 to buy a car. You will have to repay this loan

You borrow $24169 to buy a car. You will have to repay this loan by making equal monthly payments for 8 years. The bank quoted an APR of 12%. How much is your monthly payment (in $ dollars)? $ ABC common stock is expected to have extraordinary growth in earnings and dividends of 20% per year for 2 years, after which the growth rate will settle into a constant 7%. If the discount rate is 15% and the most recent dividend was $1, what should be the approximate current share price (in $ dollars)? $_

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