Could someone explain question 1 to me?

The amount of money, in dollars, in an account after t years is given by a = 1000(1.03)^t. the initial deposit into the account was $_^a0 and the interest rate was _a1% per year. only enter numbers in the boxes. do not include any commas or decimal points^t. the initial deposit into the account was $__^a0 and the interest rate is % per year.

Its worth 10000000 points need asap if you answer correctly ill mark brainliest

Me! last question, and i'm stuck! write the algebraic expression that models the word phrase. the product of 2 divided by the number h and 8 more than the number k