I am looking for some help with this grade 11 math question this is a very weird mix between math and economics but it is most definitely a math question. Thanks

Important When answering questions in a mathematics course always be sure to use the following guidelines to help you do your best: - Provide tull solution, showing all of your steps. a Make sure that there is one step or idea per line. 0 Use one equal sign per line. a Make sure that equal signs line up vertically. a Don't use self-developed short form notations. 6. Mary would like to save $10 000 at the end of 5 years for a future down payment on a car. b. How much should she deposit at the end of each month in a savings account that pays 1.2%J'a, compounded monthly, to meet her goal? If you currently have a part-time job, consider your hourly wage. If you do not have a job, use the minimum hourly wage in your jurisdiction. How many hours each month would you have to work, just to make those payments? Write a brief reflection on the advantages and disadvantages to long-term saving for a purchase, compared to borrowing a large sum of money and paying it off over time. Note that interest rates for savings accounts are always lower than interest rates for borrowing