This problem addresses Newton's Law of Cooling, mathematically represented as:
\[
\frac{dT}{dt} = -k(T - T_{\text{air}}),
\]
where \( T \) denotes the body's temperature, \( T_{\text{air}} \) is the ambient temperature, and \( k \) is a constant.
The temperature decreases from \( 40^\circ \text{C} \) to \( 24^\circ \text{C} \) over 4 minutes. By applying Newton's Law of Cooling, we can calculate \( k \) and subsequently determine the temperature change in the subsequent 4 minutes. Based on the provided data and computations, the temperature after an additional 4 minutes is:
\[
T = 24 - \left( 24 - 16 \right) \times \left( \frac{4}{4 + 4} \right) = \frac{28}{3} \, ^\circ \text{C}.
\]
Final Answer: \( \frac{28}{3} \, ^\circ \text{C} \).