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:
K = 
Step-by-step explanation:
P = KTV
Divide both sides by TV
(P/TV) = K
I believe its the last one 8v2
Answer:
Well, okay then. I'll consult you if I ever need help. Thanks friend. xx