The top row of matrix A (1, 2, 1) is multiplied with the first column of matrix B (1,0,-1) and the result is 1x1 + 2x0 + 1x -1 = 0 this is row 1 column 1 of the resultant matrix
The top row of matrix A (1,2,1) is multiplied with the second column of matrix B (-1, -1, 1) and the result is 1 x-1 + 2 x -1 + 1 x 1 = -2 , this is row 1 column 2 of the resultant matrix
Repeat with the second row of matrix A (-1,-1.-2) x (1,0,-1) = 1 this is row 2 column 1 of the resultant matrix, multiply the second row of A (-1,-1,-2) x (-1,-1,1) = 0, this is row 2 column 2 of the resultant
Repeat with the third row of matrix A( -1,1,-2) x (1,0, -1) = 1, this is row 3 column 1 of the resultant
the third row of A (-1,1,-2) x( -1,-1,1) = -2, this is row 3 column 2 of the resultant matrix
Matrix AB ( 0,-2/1,0/1,-2)
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:The answer in a fraction is 405/916 and the decimal form is 0.44213973
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Step-by-step explanation: