Last year, Asher saved $700 monthly. This year, he increased his monthly savings by 15%. How much more money will he be able to save this year compared to last year?
|
Savings |
Before |
100% |
Change |
+ 15% |
After |
115% |
100% → 700
1% → 700 ÷ 100 = 7
15% → 15 x 7 = 105
More monthly savings this year = $105
More savings this year compared to last year
= 12 x 105
= $1260
Answer(s): $1260