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

According to a study conducted in 2015, 18% of shoppers said that they prefer to buy generic instead of name-brand products. suppose that in a recent sample of 1500 shoppers, 315 stated that they prefer to buy generic instead of name-brand products. at a 5% significance level, can you conclude that the proportion of all shoppers who currently prefer to buy generic instead of name-brand products is higher than .18? use both the p-value and the critical-value approaches.