Round your answer to the nearest whole percentage. a. What was the highest annual mortgage rate from 1995 to 2013 and what was the year? The highest annual mortgage rate was %. А. 1995 В. 2000 O C. 2005 O D. 2010 b. What was the annual mortgage rate for 2009? % c. What was the highest annual interest rate for Treasury bills from 1995 to 2013? d. What was the greatest difference between the annual mortgage rate and the Treasury bill interest rate from 1995 to 2004, and what was the year? Mark all that apply. The greatest difference is %. O A. 1995 В. 1996 O C. 1997 O D. 1998 Е. 1999 F. 2000 O G. 2001 Н. 2002 I. 2003 J. 2004

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100%
The red line in the figure shows the average annual mortgage rates for new homes from 1995 to 2013,
and the green line shows the average annual interest rates on Treasury bills during the same period.
10%
9%
8%
Conventional 30-year
home mortgage
7%
6%
5%
Treasury bills
(3 months)
4%
3%
2%
1%
*95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13
Year
Transcribed Image Text:The red line in the figure shows the average annual mortgage rates for new homes from 1995 to 2013, and the green line shows the average annual interest rates on Treasury bills during the same period. 10% 9% 8% Conventional 30-year home mortgage 7% 6% 5% Treasury bills (3 months) 4% 3% 2% 1% *95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 Year
Round your answer to the nearest whole percentage.
a. What was the highest annual mortgage rate from 1995 to 2013 and what was the year?
The highest annual mortgage rate was
%.
А.
1995
O B.
2000 O C.
2005 OD.
2010
b. What was the annual mortgage rate for 2009?
%
c. What was the highest annual interest rate for Treasury bills from 1995 to 2013?
d. What was the greatest difference between the annual mortgage rate and the Treasury bill interest
rate from 1995 to 2004, and what was the year? Mark all that apply.
The greatest difference is
%.
O A.
1995
В.
1996 O C.
1997 O D.
1998
Е.
1999 O F.
2000 O G.
2001 O H.
2002
I.
2003
J.
2004
O O O
Transcribed Image Text:Round your answer to the nearest whole percentage. a. What was the highest annual mortgage rate from 1995 to 2013 and what was the year? The highest annual mortgage rate was %. А. 1995 O B. 2000 O C. 2005 OD. 2010 b. What was the annual mortgage rate for 2009? % c. What was the highest annual interest rate for Treasury bills from 1995 to 2013? d. What was the greatest difference between the annual mortgage rate and the Treasury bill interest rate from 1995 to 2004, and what was the year? Mark all that apply. The greatest difference is %. O A. 1995 В. 1996 O C. 1997 O D. 1998 Е. 1999 O F. 2000 O G. 2001 O H. 2002 I. 2003 J. 2004 O O O
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