Answer: Decrease in price = $2,353, Price of next model = $39,648
Step-by-step explanation:
Current model is $42,000, so the amount of the decrease will be $42,000 x .056 = $2,352 decrease amount.
The price is going to be $2,352 less than the current model, so the new model will be $42,000 - $2,352 = $39,648.
