Answer:
Step 1
Explanation:
We are given that the function
shows the growth due to interest that Jim earns on an investment .
We are given that the steps to calculate an equivalent function .
We have to find the first incorrect step in calculation.
Step 1

Step 2

Step 3

Step 4

In second step Jim makes an mistake because he did not solved power correctly. He takes power as 0.004 and add to base then he gets 1.094. It is incorrect step of Jim.
So, Jim makes first mistake in step 1.
Answer: Step 1