Manuel has saved $253.32 so far. He plans to put $50 into his savings each month for the next year. How much money will Manuel have after a year of savings?(1 point)

Question

$

Answer 1

Each month, Manuel will be adding $50 to his savings. Since there are 12 months in a year, the total amount he will add to his savings in a year is 12 * $50 = $<<12*50=600>>600.
Therefore, after a year of savings, Manuel will have a total of $600 + $253.32 = $<<600+253.32=853.32>>853.32. Answer: \boxed{853.32}.