please answer both parts. thank you

Elaine has just received an insurance settlement of $25,000. She wants to save this money until her daughter goes to college. If she can earn an average of 2.0 percent, compounded annually, how much will she have saved when her daughter enters college 8 years from now? $29,291.48 $41,374.89 $39,864.20 $28,688.08 An investment of $800 earns an annual interest rate of 5%. How much more interest is earned in Year 5 with compound interest than with simple interest? $44.10 $40.00 $8.62 $6.31