Michael expects the rate of growth to be 4.5% each week because in the equation inside the parenthesis is 1.045 meaning it has already had 1 added to the original percentage so subtract 1 from 1.045 then move the decimal twice to the right and change it into a percentage sight which will give you 4.5%
I can not see your choices but I'm assuming that this equation is what you are looking for: 16t+vt+ho. The other equation 4.9t+vt+ho is used for meters. I apologize if those weren't your choices as once again I can not see them.