This year, the price of a particular model of car went up 4% from last year's price of \(\$12,000\) . Which of the following represents the new price?


To find 4% of \(\$ 12.000\), we take \(0.04(\$ 12,000)\). This number represents the increase in price. To find the new price, add the increase to the old price which makes \(0.04(\$ 12,000)+\$ 12,000\).

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