A car manufacturer announced that next year the price of a certain model car would increase by 5.5%. This year the price is $15,453. Find the increase and the new price.

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asked Jul 25, 2018 189k views

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DollarChills · Answer 1 · 2018-07-31T03:13:21+0000

You have to multiply the previous year $ with 5.5% or 0.055 (they're the same) .The price would increase by 849.91500 so when you add the previous price with the 849.91500, you would get $16302.915

A car manufacturer announced that next year the price of a certain model car would increase by 5.5%. This year the price is $15,453. Find the increase and the new price.

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