Question: If the interest rate increases from 3 . 0 0 0 % to 4 . 5 0 0 % , then the interest rate has

If the interest rate increases from 3.000% to 4.500%, then the interest rate has increased by
150 basis points
1500 basis points
1.5 basis points
15 basis points
1.50 percent
If the interest rate increases from 3 . 0 0 0 %

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