You have $5,000 which you do not need for the next 5 years. Wells Fargo provides you two options for your money: account A offers 8% simple annual interest rate; account B has a compound annual interest rate of 7.2%.

For both options, you need to leave the money in the account for 5 years (i.e., you cannot withdraw the money during the 5-year period).

Which account should you put your money in? How much will you have in your account in five years?