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Question 7 of 9 If the current fixed mortgage rate of 4 . 2 0 % rises to 4 . 8 0 % , calculate

Question 7 of 9
If the current fixed mortgage rate of 4.20% rises to 4.80%, calculate the percent
increase in the mortgage rate.
What is the percent increase in the mortgage rate?
%
Round to two decimal places
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