Decide whether the following statement makes sense(or is clearlytrue) or does not make sense(or is clearlyfalse). Explain your reasoning.

My bank increased the interest rate on my savings account100%, from 1.3% to 2.6%.

A.

The statement makes sense because if the interest rate increased by100%, to 2.6%, then the previous rate is0%, which makes sense.

B.

The statement does not make sense because if the interest rate increased by100%, to 2.6%, then the previous rate is 97.4%, which does not make sense.

C.

The statement makes sense because if the interest rate increased by100%, to 2.6%, then the previous rate was 1.3%, which makes sense.

D.

The statement does not make sense because if the interest rate increased by100%, to 2.6%, then the previous rate is 5.2%, which does not make sense.