The interest rate on a car loan has decreased 29.3% over the last 10 years and is now 7.7%. What was the rate 10 years ago?
(Express your answer rounded correctly to the nearest tenth of a percent!)
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Home » Mathematics » The interest rate on a car loan has decreased 29.3% over the last 10 years and is now 7.7%. What was the rate 10 years ago? (Express your answer rounded correctly to the nearest tenth of a percent!)