Jessica has $70,000 in the bank and is earning 5% compounded monthly. She plans to purchase a used car, for which the down payment is $500 and the monthly payments are $280. Will her monthly interest cover the cost of the down payment? question 1 . Explain. Will her monthly interest cover the cost of the monthly payment? question 2 show work please

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sry but any answer choices

you already gave the answer

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answer: the answer is e

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if you get paid hourly because if you get a salary you could work all week and only get paid a certain amount no matter how much you work but if you get paid hourly then you get paid for every minute you worked.