Last year, Peter saved $1900 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% → 1900
1% → 1900 ÷ 100 = 19
30% → 30 x 19 = 570
More monthly savings this year = $570
More savings this year compared to last year
= 12 x 570
= $6840
Answer(s): $6840