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larisa [96]
3 years ago
6

What is the purpose of the periodic interest rate? (2 points)

Mathematics
1 answer:
antiseptic1488 [7]3 years ago
4 0

Answer:

The Answer is to determine the amount of interest charged during a specific time frame

Step-by-step explanation:

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Step-by-step explanation:

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horsena [70]

Step-by-step explanation:

a_{10} = - 27... (Given) \\\\\therefore a + 9d = - 27...... (1)\\\\a_{5} = - 12... (Given) \\\\\therefore a + 4d = - 12.......(2)\\\\

Subtracting equation (2) from equation (1)

a + 9d-( a + 4d )= - 27-(-12)\\\\\therefore a +9d - a-4d = - 27+12\\\\\therefore 5d = - 15\\\\\therefore d = \frac {- 15}{5}\\\\\huge \orange {\boxed {\therefore d = -3}} \\\\

Substituting d = - 3 in equation (1), we find:

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<h2>—Math</h2>

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