DIRECTIONS: Use this information to answer Parts A and B.
Marisol deposits $5,000 in a savings account earning 5.75% simple interest per year.
Part A
How much interest will Marisol earn for a period of 5 years?
Part B
Marisol receives 8,450 when she close her savings account if she made no changes to the account, for how many years did Marisol keep the account open?