Firstly, you need to have clear definition of what the "efficiency" you are supposed to calculate actually means, i.e., are we talking about W/m^2 per gal-K/min, or what? So, before you go hunting for equations, you need to know what your equations are supposed to produce in the end.
In some gross sense, the net heat transfer coefficient of the whole exchanger in W/K or W/m^2-K might be considered to be an "efficiency" as well.
As an addendum tp vpl's comments, consider
which describes the design process for various heat exchangers.
Another question to be answered is what is the end goal of your assignment? Are they really expecting you to produce a high-quality result, or is this simply a learning exercise for you? In either case, you can start with the Wikipedia articles on heat transfer
and heat exchangers
A final subject is your request for "equations." I think you know that you'll essentially have failed the assignment if you went back to your boss and asked for "equations." In many cases in both school and the real world, the "equations" don't necessarily already exist, and it's often the task of the engineer to come up with "equations" to describe and model what they're designing or analyzing. Moreover, internship is supposed to be a learning experience, and you will not get the full benefits of the experience if someone just gives you the "equations."
I would suggest that you read the Wikipedia articles and try to, based on the information in the articles, to come up with your own model for the exchangers, and only then compare your results with what's in the exchanger article in the first link.
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