Asked by Chad
In 1988 interest on the national debt was $214 billion and in 2018 it was $532 billion. In 1988 10% of the interest was paid to the foreign sector and in 2018 28% was paid to the foreign sector. In percentage terms, how much did interest paid to the foreign sector increase between 1988 and 2018?
Answers
Answered by
Joe
700%
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