The period is the time it takes the satellite to make a complete orbit around the central object. As the distance increases, so does the period because the orbit becomes longer because the radius increases.
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When one phosphate group is removed by breaking a phosphoanhydride bond in a process called hydrolysis, energy is released, and ATP is converted to adenosine diphosphate (ADP). Likewise, energy is also released when a phosphate is removed from ADP to form adenosine monophosphate (AMP)