How many times foes 9.9 go into 647

Aretha wanted to gather data about the cost of local bowling leagues in her area. she plotted the data and determined that the average bowling league costs consist of a one-time registration fee and a monthly fee modeled by the equation y = 15x + 20. identify and interpret the y-intercept in this model. the y-intercept is 20. this is the cost per month. the y-intercept is 20. this is the cost of registration. the y-intercept is 15. this is the cost of registration. the y-intercept is 15. this is the cost per month.

Could somebody me with this radical simplification?

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?