Is f an increasing or decreasing function of a

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The monthly payments, p dollars, on a mortgage in which A dollars were borrowed at an annual interest rate of r% for t years is given by P = f(A, r, t).

Is f an increasing or decreasing function of A?

Is f an increasing or decreasing function of r?

Is f an increasing or decreasing function of t?

Reference no: EM13961798

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