Does anyone know how to fill this out?

Olivia uses the work below to determine 55% of 720 which explains the error in olivia’s solution

Mrs. morton has a special reward system for her class. when all her students behave well, she rewards them by putting 3 marbles into a marble jar. when the jar has 100 or more marbles, the students have a party. right now, the the jar has 24 marbles. how could mrs. morton reward the class in order for the students to have a party?

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?