Question
The intrest rate on an equity line of credit was 7 7/8% last month. This month the interest rate is 10 3/2%. H?
The intrest rate on an equity line of credit was 7 7/8% last month. This month the interest rate is 10 3/2%. How mnay percentage points has the interest rate increased?
1 month ago - 1 answers
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10 2/3 is the correct number? 10 2/3 = 10 16/24 7 7/8 = 7 21/24 Doing the math the increase was 2 19/24% increase.
by Dan B
1 month ago
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