15. What annual rate compounded continuously is equivalent to an effective rate of 3%?
16. What annual rate r compounded continuously is equivalent to
a nominal rate of 6% compounded semiannually?

Atax on the sellers of coffee will a. increase the price of coffee paid by buyers, increase the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. b. increase the price of coffee paid by buyers, increase the e ffective price of coffee received by sellers, and decrease the equilibrium quantity of coffee. c. increase the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. d. increa se the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.

The simple interest in a loan of $200 at 10 percent interest per year is

Rats that received electric shocks were unlikely to develop ulcers if the