Can someone please help me answer this, ill mark you brainliest

15 points ! ~ see if you know the answer to both you!

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?

Someone answer this asap for the first five terms of a sequence are shown. 5, 11, 23, 47, 95, . . which recursive function defines the nth term in the sequence for n > 1? a. f(n) = f(n - 1) + 6 b) f(n) = f(n - 1) + 48 c) f(n) = 3 • f(n - 1) + 1 d) f(n) = 3 • f(n - 1) - 4