I just need a quick answer for this homework

Solve the system of equations y= 3/2 - 1, -x+ y =-3

Two cars which are 40 miles apart start moving simultaneously in the same direction with constant speeds. if the speed of the car which is behind is 56 mph and the speed of the other car is 48 mph, how many hours will it take for the car which is behind to catch up the car ahead of it?

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?