math question?

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The interest rate on an auto loan in May was 12 3/8%. By
September the rate was up to 14 1/4%How many percentage points did the interest rate increase over the period?

2006-10-15 15:11:53 · 2 answers · asked by **LIBERTY** 1 in Education & Reference ➔ Homework Help

2 answers

14 1/4 - 12 3/8 = 14 2/8 - 12 3/8 = 13 10/8 - 12 3/8 = 1 7/8 points

2006-10-15 15:22:33 · answer #1 · answered by PatsyBee 4 · 0⤊ 1⤋

1.75%

2006-10-15 22:19:37 · answer #2 · answered by Sean O 1 · 0⤊ 1⤋