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Consider the statement the interest rate on auto loans has

Consider the statement: "The interest rate on auto loans has increased 50% over the past decade and now stands at 9%." What can you conclude?

A) The interest rate a decade ago was 41%.

B) The interest rate a decade ago was 6%.

C) You can't conclude anything, because the statement makes no sense.

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Mathematics: Consider the statement the interest rate on auto loans has

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