document.write( "Question 117804: \r
\n" ); document.write( "\n" ); document.write( "The interest rate on an equity line of credit was 7 7/8 % last month. This month the interest rate is 10 3/2%. How many percentage points has the interest rate increased?\r
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Algebra.Com's Answer #85958 by checkley71(8403)\"\" \"About 
You can put this solution on YOUR website!
10 3/2%-7 7/8%=23/2-63/8=(4*23-63)/8=(92-63)/8=29/8=3 5/8% POINTS IS THE INCREASE IN INTEREST RATES. \n" ); document.write( "
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