Answer:
your answer for K should be 12
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:
Answer:
A and C
Step-by-step explanation:
I had it on a test
Answer:
32 people
Step-by-step explanation:
If 3/4 equals 24, we need to find the other fourth. We can divided the total number of people by the numerator. 24/8, then add 8, which equals 32.
The answer is 66.
66 * 3 = 198
66 * 5 = 330