Last year, Glen saved $1800 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% → 1800
1% → 1800 ÷ 100 = 18
10% → 10 x 18 = 180
More monthly savings this year = $180
More savings this year compared to last year
= 12 x 180
= $2160
Answer(s): $2160