The lake will lose volume each year based on keeping 92% of its volume at the end of the year!
Let Vo = the original volume.
End of year 1: V = .92Vo
year 2: V = .92(.92Vo) = .922Vo so you can see where the trend is for a general formula
Then, Part a: .75Vo = .92nVo or .75 = .92n or log(.75) = nlog(.92) or n = 3.45 years
Part b: at the end of 6 years, V = .926(.4) = .2425 cubic miles
Part c: After 4 years, the volume is decreased by .V = .924(.4) = .2866 cubic miles (8% formula)
If you lost .03 cubic miles per year, you would lose .12 cubic miles in 4 years. .4 -.12 = .28 would be the new volume. So you lose more if you lost .03 cubic miles per year.