Last year, Brandon saved $1000 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% → 1000
1% → 1000 ÷ 100 = 10
30% → 30 x 10 = 300
More monthly savings this year = $300
More savings this year compared to last year
= 12 x 300
= $3600
Answer(s): $3600