document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1202621>Question 1202621</A>: <I><SPAN STYLE=\"word-break: break-all;\"> please solve this problem for me<BR>\n" );
document.write( "If the current fixed mortgage rate of 4.70% rises to 5.30%, calculate the percent increase in the mortgage rate.<BR>\n" );
document.write( "What is the percent increase in the mortgage rate? </SPAN>\n" );
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document.write( "Answer: 12.77% increase approximately\r<BR>\n" );
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document.write( "change = 5.30 - 4.70 = 0.60\r<BR>\n" );
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document.write( "Divide that increase by the original rate.<BR>\n" );
document.write( "0.60/4.70 = 0.1277 = 12.77% approximately<BR>\n" );
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