Last year, Luke saved $1800 monthly. This year, he increased his monthly savings by 30%. How much more money will he be able to save this year compared to last year?
|
Savings |
Before |
100% |
Change |
+ 30% |
After |
130% |
100% → 1800
1% → 1800 ÷ 100 = 18
30% → 30 x 18 = 540
More monthly savings this year = $540
More savings this year compared to last year
= 12 x 540
= $6480
Answer(s): $6480