The interest rate on a car loan has decreased 21.6% over the last 10 years and is now 8.2%. What was the rate 10 years ago? whats the number by itself please help!!

Question

asked Nov 6, 2018 82.3k views

1 Answer

Shelda · Answer 1 · 2018-11-12T04:11:59+0000

10.5 in the correct answer but, I do not know the formula to get the answer. If you figure it out please let me know. Thanks