The next model of a sports car will cost 5.7% more than the current model the current model cost $35,000 how much will the price increase in dollars what will be the price of the next model

1 answer

To find the price increase in dollars, we need to find 5.7% of $35,000.

Price increase in dollars = 5.7% * $35,000 = 0.057 * $35,000 = $1,995

Therefore, the price will increase by $1,995.

To find the price of the next model, we need to add the price increase to the current model's price.

Price of the next model = $35,000 + $1,995 = $36,995

Therefore, the price of the next model will be $36,995.