Grace decides to open a savings account to save up money for college starting as a seventh grader. She puts $550 in her savings account that has an annual interest rate at 3.75%, that is not compounded. How much interest will she earn? How much money would she have by the time she goes off to college in 5 years? Round to the nearest cent. a.) Grace would earn $ in interest.

b.) Grade would have a total of $ in her savings account for college.