Last year, Cody saved $1400 monthly. This year, he increased his monthly savings by 10%. How much more money will he be able to save this year compared to last year?
|
Savings |
Before |
100% |
Change |
+ 10% |
After |
110% |
100% → 1400
1% → 1400 ÷ 100 = 14
10% → 10 x 14 = 140
More monthly savings this year = $140
More savings this year compared to last year
= 12 x 140
= $1680
Answer(s): $1680