QUESTION 18 The actual burden of a tax a. falls most heavily on the side of the market that is more elastic. b. falls most heavily on the side of the market that is more inelastic. d. falls entirely on the side of the market on which the tax is statutorily imposed. celdendently of relative elasticities of supply and demand.

Michelle invests in a savings account that pays \( 8 \% \) interest compounded monthly. What is the APY for this account? \( \square \) Round to the nearest \( 0.00 \% \)

Find the effective yield of an investment that earns \( 5.25 \% \) compounded quarterly. round to the nearest hundredth of a percent

Suppose you have \( \$ 15,000 \) to invest. Which of the two rates would yield the larger amount in 3 years: \( 8 \% \) compounded daily or \( 7.90 \% \) compounded continuously? Which of the two rates would yield the larger amount in 3 years? \( 8 \% \) compounded daily \( 7.90 \% \) compounded continuously

How much money must you invest now at \( 4.6 \% \) interest compounded continuously in order to have \( \$ 10,000 \) at the end of 6 years?

Find the time required for an investment of 3,000 dollars to grow to 12,000 dollars at an interest rate of \( 7 \% \) per year, compounded monthly. Give your answer accurate to 2 decimal places. \( \square \) years.