Find the First Term, the Common Difference, and Give a Recursive

question 67

Multiple Choice

Find the first term, the common difference, and give a recursive formula for the arithmetic sequence.
-8th term is 28; 13th term is -2

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Definitions:

Note Payable

A written agreement where one party promises to pay another party a certain amount of money, often including interest, at a future date or on demand.

Interest Expense

The cost incurred by an entity for borrowed funds, reflected in its income statement.

Estimated Liability

A projected financial obligation a company expects to incur due to past transactions or events, but whose amount or timing is not yet certain.

Uncertain Amount

A financial term used to describe any value or sum that cannot be precisely determined or is subject to change due to various factors.