Determine whether the statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain clearly My bank raised its interest rate on savings accounts from 3% to 4.8%, which was a 60% increase. Choose the correct answer below. A. The statement is false. In this case, the change in the interest rate was a 160% increase B. The statement is false. In this case, the change in the interest rate was a 1.6% increase. C. The statement is true. To determine how much a value increased by, the relative change should be computed. In this case, the relative change is 60%. D. The statement is false. In this case, the change in the interest rate was a 260% increase. E. The statement is false. In this case, the change in the interest rate was a 1.8% increase