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:
51/3+-39/18
= 89/6
Answer is 14.833333
Answer:
d
Step-by-step explanation:
Hadley paddled a canoe 2/3 mile in 1/4 hour. it will be 4 times more in an hour because 1/4*4=4/4=1. 2/3*4=8/3=2 2/3
Answer:
Linear
Step-by-step explanation:
<span>Hello : let
A(5,-4) B(-1,8)
the slope is : (YB - YA)/(XB -XA)
(8+4)/(-1-5) =-2
an equation is : y=ax+b a is a slope</span>
y = -2x +b
the line through point A(5,-4) :
-4= -2(5)+b<span>
<span>b = 6
the equation is : y =-2x+6</span></span>