Simplify 55/58

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The expression 1.01*1.005(^t) gives the amount of money, in thousands of dollars, in carter's savings account (t) years after he opens it. what does 1.01 represent in this expression?

Set $r$ is a set of rectangles such that (1) only the grid points shown here are used as vertices, (2) all sides are vertical or horizontal and (3) no two rectangles in the set are congruent. if $r$ contains the maximum possible number of rectangles given these conditions, what fraction of the rectangles in set $r$ are squares? express your answer as a common fraction.

60 musicians applied for a job at a music school. 14 of the musicians play both guitar and drums, 28 play drums, 18 play the guitar. what is the probability that the applicant who gets the job plays drums or guitar?