1. Figure out the costs of buying the two cars listed below by filling in the blanks in the table. You can pay a 10 percent down payment, and your credit history is good enough to get a five-year loan with an interest rate of 5 percent. To determine the monthly payment and interest paid,Put in the amount to borrow, 5 percent interest rate and 5 years. (24 points)

	New Honda CR-V	Used Ford Taurus
Price	$22,000	$9,500
Sales tax	$1,980	$855
Total cost
Down payment
Amount to borrow
Monthly payment
Total amount of payments
Total interest paid

2. If you were going to buy one of these two cars tomorrow, which car would you choose? Explain your choice. (6 points)