Final answer:
The price of the next model of a sports car will increase by $4,165 from the current price of $35,000, making the new price of the car $39,165.
Step-by-step explanation:
The question asks us to calculate both the price increase in dollars for the next model of a sports car and its new price, given that the current model costs $35,000 and the price is set to increase by 11.9%. First, to find out the price increase, we multiply the current price by the percentage increase:
$35,000 × 11.9% = $35,000 × 0.119 = $4,165
So, the price will increase by $4,165. Now, to find the new price of the next model, we add this increase to the current model's price:
$35,000 + $4,165 = $39,165
Therefore, the next model will cost $39,165.