Answer:
x ≥ $17, 500
Explanation:
To find the cost of the next year model, we will follow the steps below;
Let x be the value of next year's model
$14000 ≤ 80% of x
80% of x ≥ $14000
80% × x ≥$14000
80x/100 ≥ $14000
multiply both-side of the equation by 100
80x ≥ $1400000
Divide both-side of the inequality by 80
80x /80 ≥ $1400000 / 80
x ≥ $17, 500
Therefore the cost of next year's model is
x≥$17, 500