Why do Banded Iron Formations mainly disappear from the rock record after the Precambrian?

Watch the following orientation video:https://www.youtube.com/watch?v=hAKWSlP71eMThen go on your virtual field trip to Karijini Gorge, Australia: https://vft.asu.edu (Links to an external site.)Instructions: Explore the entirety of the gorge. Interact with 5 different media icons and summarize each (#1-5 with Media Title).Once you finish your trip, answer the following questions based on what you’ve learned:#6 How old are the Banded Iron Formations in Karijini Gorge? What eon is that? (See the Geologic Timescale).#7 Why do Banded Iron Formations mainly disappear from the rock record after the Precambrian?