Say that you (or your parents) are purchasing a used car for $19,850. the sales tax is 7.5%, the down payment is $1,000.00, and you have an average credit rating. if your first payment is $425.98, how much of the payment goes toward the principal?

secured unsecured
credit apr (%) apr (%)
excellent 4.75 5.50
good 5.00 5.90
average 5.85 6.75
fair 6.40 7.25
poor 7.50 8.40

$384.48

$361.09

$344.18

$326.83

Questions 9-10. use the table of educational expenditures to answer the questions. k-12 education expenditures population indiana $9.97 billion 6.6 million illinois $28.54 billion 12.9 million kentucky $6.58 billion 4.4 million michigan $16.85 billion 9.9 million ohio $20.23 billion 11.6million 9. if the amount of k-12 education expenses in indiana were proportional to those in ohio, what would have been the expected value of k-12 expenditures in indiana? (give the answer in billions rounded to the nearest hundredth) 10. use the value of k-12 education expenditures in michigan as a proportion of the population in michigan to estimate what the value of k-12 education expenses would be in illinois. a) find the expected value of k-12 expenditures in illinois if illinois were proportional to michigan. (give the answer in billions rounded to the nearest hundredth) b) how does this compare to the actual value for k-12 expenditures in illinois? (lower, higher, same? )