Question

Help I​ don't​ know what to do and this is due tomorrow​

Answer 1

$a = d {(1 + \frac{interest \: rate}{months} ) }^{months \times years}$
$a = 1000{(1 + 0.048 \div 12)}^{12 \times 1}$
$a = 1000(1 + 0.004)^{12}$
$a = 1000 \times 1.049$
$1 \: year = 1049.07$
$2 \: years = 1,100.55$

the answer is B

Answer 2

A = 1000(1+.048/12)^12(1)
        1000(1.004)^12
After 1 year, it is $1049.07
A = 1000(1.004)^24
After 2 years, it is $1100.55

The answer is B.
Hope this helps :)