Question

a car manufacturer announced that next year the price of a certain model car will be would increase by 4.5% this year the price is 19,607 find the increase

Answer 1

To solve the problem, we'll just have to calculate the 4.5% of $19,607

To do so, we use that 4.5% as a fraction is

`(4.5)/(100)`

We then multiply that fraction by the original price, to get the value of such 4.5%

`19607*(4.5)/(100)\rightarrow882.32`

Therefore, the price will go up by $882.32