lrg415 lrg415
  • 26-01-2022
  • Mathematics
contestada

Our mortgage rate dropped from 5% APR to 3.25% APR. What is the percent of decrease in our mortgage?

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rhodesmary38
rhodesmary38 rhodesmary38
  • 26-01-2022

Answer:

1 3/4.

Step-by-step explanation:

all you need to do is subtract

Answer Link
smwolf112106 smwolf112106
  • 26-01-2022
it would be 0.0175%

you subtract them 5% - 3.25% = 0.0175%
Answer Link

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