the graph shows rates r for new car loans as a function of the date d.\nexplain in general terms the…

the graph shows rates r for new car loans as a function of the date d.\nexplain in general terms the behavior of r(d) from 1980 to 2010.\nloan rates increased constantly from a minimum of about 4% to a maximum of about 16%.\nloan rates declined constantly from a maximum of about 16% to a minimum of about 4%.\nloan rates fluctuated quite a bit, peaking at about 16% in 1996 and reaching a minimum of about 4% in 2010.\nloan rates fluctuated quite a bit, but generally speaking they declined from a maximum of about 16% to a minimum of about 4%.\nloan rates fluctuated quite a bit, but generally speaking they increased from a minimum of about 4% to a maximum of about 16%.

the graph shows rates r for new car loans as a function of the date d.\nexplain in general terms the behavior of r(d) from 1980 to 2010.\nloan rates increased constantly from a minimum of about 4% to a maximum of about 16%.\nloan rates declined constantly from a maximum of about 16% to a minimum of about 4%.\nloan rates fluctuated quite a bit, peaking at about 16% in 1996 and reaching a minimum of about 4% in 2010.\nloan rates fluctuated quite a bit, but generally speaking they declined from a maximum of about 16% to a minimum of about 4%.\nloan rates fluctuated quite a bit, but generally speaking they increased from a minimum of about 4% to a maximum of about 16%.

Answer

Brief Explanations:

By observing the graph, loan - rates start at around 16% in 1980 and end at around 4% in 2010. There are many ups and downs in between, indicating fluctuations. Overall, the trend is a decline.

Answer:

Loan rates fluctuated quite a bit, but generally speaking they declined from a maximum of about 16% to a minimum of about 4%.