Answer:
1
it's needs 20 characters so euwbwjwuw
Answer:
y=3x+5
Step-by-step explanation:
y+1=3x+6
-1
The effective rate is calculated in the following way:

where r is the effective annual rate, i the interest rate, and n the number of compounding periods per year (for example, 12 for monthly compounding).
our compounding period is 2 since the bank pays us semiannually(two times per year) and our interest rate is 8%
so lets plug in numbers: