Last year, Bobby saved $1100 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% → 1100
1% → 1100 ÷ 100 = 11
30% → 30 x 11 = 330
More monthly savings this year = $330
More savings this year compared to last year
= 12 x 330
= $3960
Answer(s): $3960