asked 30.3k views
1 vote
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

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.

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.