Answer:
%
Step-by-step explanation:
You should use photo math. It's free
You will use the formula to calculate simple interest for each period of time and then subtract the two amounts to find how much Ward will save.
I=prt
I = 20000 x 0.025 x 3
I = $1500 over 3 years
I = 20000 x 0.025 x 5
I = $2500 over 5 years
$2500-$1500 = $1000 in savings
Explain what? where’s the question dude