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:
Step-by-step explanation:
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Answer:

Step-by-step explanation:
Consider an equation: 
Here, m is the slope of the line and c is the y-intercept.
Given equation is 
Here, slope is 
As product of slopes of two perpendicular lines is equal to
, slope of the required line is
.
Let 
Equation of the required line is 

Answer: C
Step-by-step explanation:
That’s a lot of words i don’t know