Question

Matt and Bree are saving for a new car. At the end of 2013, their total savings was $12,500 . In 2014, total savings increased to $15,550 . How much did Matt and Bree save in 2014

Answer 1

Answer:

They saved $3000 in 2014

Step-by-step explanation:

Given

$Savings (2013) = \ 12500$

$Total (2014) = \ 15500$

Required

Determine the savings in 2014

This is calculated by subtracting the savings in 2013 from the total savings.

i.e.

$Savings(2014) = Total(2014) - Savings(2013)$

This gives:

$Savings(2014) = \ 15500 - \ 12500$

$Savings(2014) = \ 3000$

Hence, they saved $3000 in 2014