Answer:
it would be 2
Step-by-step explanation:
5he answer is two so you subtract and then add and then multiply to get your answer 6ou divide it by pie
Give me brainlist Djjdksodood
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:
2
Step-by-step explanation: