Posted by **Ree** on Sunday, May 4, 2008 at 11:59am.

The interest rate on an equity line of credit was 6 3/4 % last year. This year the interest rate is 9 1/2 %. How many percentage points has the interest rate increased?

## Answer This Question

## Related Questions

- math - The interest rate on an equity line of credit was 7 and 5/8 % last month...
- Math - The interest rate on a second mortgage was % last year. This year the ...
- math - You want to explain to your friend that your bank’s interest rate has ...
- Math - Interest is a concept familiar to most people: every credit card in ...
- help - The interest rate on a second mortgage was5 7/8 % last month. This month ...
- Math - Interest is a concept familiar to most people: every credit card in ...
- AP Macroeconomics - 3. You buy a certificate of deposit (CD) that pays a nominal...
- Economics - The formula given was: (real rate of interest) = (nominal rate of ...
- math - the total amount of interest on this loan of $6000 for 150 days is $210....
- Math - Mortgage lenders base the mortgage interest rate they offer you on your ...

More Related Questions