Samuel received $250 as prize money for winning the St. Peterson High School Badminton Tournament. The money was deposited in a special scholarship account that offered an annual interest of 1.8% compounded semiannually. The amount he will have in the account after t years can be calculated using the expression below. Use the given expression to complete the statements below. The expression is the of the amount initially deposited and the of one and the rate of increase raised to the number of .