Last year, Jack saved $1900 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% → 1900
1% → 1900 ÷ 100 = 19
15% → 15 x 19 = 285
More monthly savings this year = $285
More savings this year compared to last year
= 12 x 285
= $3420
Answer(s): $3420