Last year, Julian saved $1300 monthly. This year, he increased his monthly savings by 15%. How much more money will he be able to save this year compared to last year?
|
Savings |
Before |
100% |
Change |
+ 15% |
After |
115% |
100% → 1300
1% → 1300 ÷ 100 = 13
15% → 15 x 13 = 195
More monthly savings this year = $195
More savings this year compared to last year
= 12 x 195
= $2340
Answer(s): $2340