You have taken out a $5-$year car loan for $$50,000($nice car!$)$ with equal semi$-$annual

payments. The loan requires no payments in the first year, i$.$e$.,$ the first payment is in $18$

months, but interest continues to accrue during this period. The last payment is in $5$ years.

If the APR on the loan is $8\%($semi$-$annual compounding$),$ what are the payments?