Last year, Howard saved $700 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% → 700
1% → 700 ÷ 100 = 7
30% → 30 x 7 = 210
More monthly savings this year = $210
More savings this year compared to last year
= 12 x 210
= $2520
Answer(s): $2520