Question

matt and bree are saving for a new car. at the end of 2013, their total savings was $8,500. in 2014, total savings increased to $9,875. how much did matt and bree save in 2014?

Explanation:

Step1: Identify the formula

To find the amount saved in 2014, we subtract the savings at the end of 2013 from the savings in 2014. The formula is: Amount saved in 2014 = Savings in 2014 - Savings at end of 2013.

Step2: Substitute the values

Savings in 2014 is $9,875 and savings at end of 2013 is $8,500. So we calculate $9,875 - $8,500.
$9,875 - $8,500 = $1,375

Answer:

$1,375