The price will increase 8024 dollars.
The price of next model will be $67,024.
Step-by-step explanation:
Given,
Cost of current model = $59,000
Increase in new model = 13.6% of cost of current model
Amount of increase = [tex]\frac{13.6}{100}*59000[/tex]
Amount of increase = 0.136 * 59000
Amount of increase = $8024
The price will increase 8024 dollars.
Cost of next model = Cost of current model + Amount of increase
Cost of next model = 59000 + 8024 = $67,024
The price of next model will be $67,024.
Keywords: addition, division
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