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:
<h2>9) Multiplication</h2><h2>10) </h2><h2>

</h2><h2>11) </h2>

<h2>12) 0.36</h2>
<h2>13) </h2>

<h2>14)</h2>

<h2>15) 5.9</h2>
Step-by-step explanation:
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Answer:
r= -19/5
Step-by-step explanation:
Answer:
x=16
Step-by-step explanation:
....,...................
Answer:
True
Step-by-step explanation: