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Your Monthly Payment, C(s, T), on a Car Loan Depends

Question 36

Multiple Choice

Your monthly payment, C(s, t) , on a car loan depends on the amount, s, of the loan (in thousands of dollars) , and the time, t, required to pay it back (in months) .Is C an increasing or decreasing function of t?


A) Decreasing
B) Increasing

Correct Answer:

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