Last year, Zane saved $1500 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% → 1500
1% → 1500 ÷ 100 = 15
30% → 30 x 15 = 450
More monthly savings this year = $450
More savings this year compared to last year
= 12 x 450
= $5400
Answer(s): $5400