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INTEREST RATE He said that the interest rate was 8% and he had decided to wait for a little bit more. Then the interest rate had raised to 8.5 %. It was the historical maximum, for that reason he had made a decision to wait until it go down to 8%. After that interest rate had grown to 9% and even more. And somebody had informed us that it could jump up to 10 or even 12 %. We needed money and didn’t have more time to wait. So we had to do it.

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INTEREST RATE

He said that the interest rate was 8%, and/so he had decided to wait for a little bit more.
Then the interest rate rose [1] to 8.5 %. It was the historical maximum, and for that reason he had made a decision to wait until it went [2] down to 8%.
After that, the interest rate grew to 9% and even more. And somebody had informed us that it could jump up to 10 or even 12%.
We needed money and didn’t have more time to wait. So we had to do it.


[1]  rise / rose / risen   intransitive verb (непереходный глагол)      The sun rises in the east.  Today the sun rose at 6:15 a.m.   The sun has risen over the Urals.

    raise / raised / raised  transitive verb (переходный глагол)    That store constantly raises its prices.  The store raised it prices yesterday.  The store has raised it prices twice this month!


[2]  sequence of tenses  (последовательность времён)   .... Past tense in the main clause (прошедшее время в главном предложении):

    http://usefulenglish.ru/grammar/sequence-of-tenses

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