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The interest rate on a car loan has decreased 35.1% over the last 10 years and is now 9.7% what was the rate 10 years ago
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The interest rate on a car loan has decreased 35.1% over the last 10 years and is now 9.7% what was the rate 10 years ago

User Consigliere
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1 Answer

2 votes

Answer: The interest rate on a car loan would've been 44.8%

Explanation:

You have to add both percentages together to find out the rate 10 years ago.

User Anders Gram Mygind
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