SOLUTION: The next model of a sports car will cost 3.9% more than the current model. The current model costs $47.000 . How much will the price increase in dollars? What will be the price o

Algebra ->  Finance -> SOLUTION: The next model of a sports car will cost 3.9% more than the current model. The current model costs $47.000 . How much will the price increase in dollars? What will be the price o      Log On


   

Question 1106397: The next model of a sports car will cost 3.9%
more than the current model. The current model costs $47.000
. How much will the price increase in dollars? What will be the price of the next model?
Found 2 solutions by Boreal, josmiceli:
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
47000*0.039 is the increase or $1833
The new price is the sum or $48,833.

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +p+ = the price of the new model
+p+=+47000+%2B+.039%2A47000+
+p+=+47000%2A1.039+
Use calculator
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The increase in dollars is:
+47000%2A.039+
Use calculator