return2ozma@lemmy.world to News@lemmy.world · 4 months agoEven Top Earners Are Falling Behind on Credit Card and Car Paymentswww.bloomberg.comexternal-linkmessage-square17fedilinkarrow-up1164arrow-down15
arrow-up1159arrow-down1external-linkEven Top Earners Are Falling Behind on Credit Card and Car Paymentswww.bloomberg.comreturn2ozma@lemmy.world to News@lemmy.world · 4 months agomessage-square17fedilink
minus-squareKazumara@discuss.tchncs.delinkfedilinkarrow-up3·edit-24 months ago POINT FIVE PERCENT from like 5.5% to 6%. Actually that’s called a 0.5 percentage points increase and a 9 percent increase (because 6 ÷ 5.5 = 1.09). The distinction is important, but even the media gets it wrong often.
Actually that’s called a 0.5 percentage points increase and a 9 percent increase (because 6 ÷ 5.5 = 1.09). The distinction is important, but even the media gets it wrong often.