Foundations of Economics (8th Edition)
Foundations of Economics (8th Edition)
8th Edition
ISBN: 9780134486819
Author: Robin Bade, Michael Parkin
Publisher: PEARSON
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Chapter 26, Problem 4SPPA
To determine

To compute:

The amount of savings of Mr. M and the change in his wealth.

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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?
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