A company calls to notify you that the interest rate on your credit card will increase from 11% to 14%. a. Determine percentage points the interest rate increased by. The interest rate increased by percentage points. b. Determine the percent increase of the interest rate. The interest rate increased by Round to the nearest tenth of a percent and don't forget to include a percent sign, %, in your answer.
A company calls to notify you that the interest rate on your credit card will increase from 11% to 14%. a. Determine percentage points the interest rate increased by. The interest rate increased by percentage points. b. Determine the percent increase of the interest rate. The interest rate increased by Round to the nearest tenth of a percent and don't forget to include a percent sign, %, in your answer.
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.35TI: Find the percent increase. (Round to the nearest tenth of a percent.) In 2011, the IRS increased the...
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