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:
the diameter of a tube is 1 3/4. How much is radius
Answer:
C) $281.25
Step-by-step explanation:
3/15 describes you having to pay the bill in 15 days with a 3% discount.
3% = 0.03
289.95 - (298.95 x 0.03)
289.95 - 8.6985
281.25
Answer:
19
Step-by-step explanation:
19 is the answer I think so