The price will increase by $6,396. The total price of the new model is $58,396. This answer is found in two parts. First multiply the old price by the decimal equivalent of 12.3%, 0.123, which looks like: 52,000*0.123=6,396. Then add this value to the price of the old model to get the price of the new model: 52,000+6,396=58,396.
