To determine how much money Manuel will have after a year of savings, we need to consider both the amount he has saved already and the amount he plans to save over the next year.
- Current savings: $253.32
- Amount saved each month: $50
- Number of months in a year: 12
Now, we can calculate the total amount he will save over the year:
\[ \text{Total savings in a year} = \text{Amount saved each month} \times \text{Number of months} = 50 \times 12 = 600 \]
Next, we will add this total to his current savings:
\[ \text{Total savings after a year} = \text{Current savings} + \text{Total savings in a year} = 253.32 + 600 = 853.32 \]
Therefore, after a year of savings, Manuel will have $853.32.