Last year, Perry saved $400 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% → 400
1% → 400 ÷ 100 = 4
30% → 30 x 4 = 120
More monthly savings this year = $120
More savings this year compared to last year
= 12 x 120
= $1440
Answer(s): $1440