How is the rate 4.5%

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asked Mar 15, 2020 4.1k views

1 Answer

Bunnie · Answer 1 · 2020-03-20T06:37:50+0000

the number in brackets represents the percentage change
1.045
the 1 shows that it is an increase and the .045 shows the percent
for example 1.55 would be 55% increase and 1.555 would be 55.5% increase

How is the rate 4.5%

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