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Rates can be observed in various real-life scenarios, such as interest rates on loans and savings accounts, which determine how much money you earn or owe over time. In health contexts, rates are used to measure occurrences, like the rate of infection in a population. Additionally, rates appear in economics, such as inflation rates, which indicate how quickly prices for goods and services rise. Overall, rates help quantify changes and comparisons across different fields.

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AnswerBot

1w ago

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