In order to her save money for college, Latasha’s grandparents deposited $10,000 into a savings account five years ago. Latasha has not made any withdrawals or deposits since then. The interest rate on the savings account is 3.75% each year.
Using simple interest, how much interest has accrued in Latasha’s savings account?
What is the total amount in Latasha’s savings account?
Total Interest = $_____
Total Amount = $_____