A'Niyah deposited $32,720 in a savings account that earns 4% simple interest. A'Niyah has not made any deposits or withdrawls since she opened the account. Approximately how many years have passed since A'Niyah opened the account if her latest balance is $36,825?
a
3 years
b
3.5 years
c
1.5 years
d
5 years