Answer:
Price is decreased by $3,312
And, the price of the next model is $44,688
Step-by-step explanation:
The computation is shown below:
Given that the current model cost is $48,000
And, there is 6.9% lower than the current model
So, the price would decrease in dollars is
= $48,000 × 6.9%
= $3,312
The price of the next model is
= $48,000 - $3,312
= $44,688
