(15 Points!) ;-; AH

Can someone me do math because i am having a breakdown rn because i don’t get it

Find the length of the diagonal of the rectangle. round your answer to the nearest tenth. || | | 8 m | | | | 11 m

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?