Use the table for the question(s)below.
Suppose you have the following Loans/Investments 
-What is the effective after-tax rate of each instrument,expressed as an EAR?
Definitions:
Perfectly Elastic
Describing a situation in which the demand or supply for a good or service is infinitely responsive to changes in price.
Percentage Change
A mathematical calculation that describes the degree of change over time, representing the difference as a percentage of the original figure.
Perfectly Inelastic
Describes a situation where the demand or supply for a good or service does not change in response to price changes.
Price Elasticity
An evaluation of how the requested quantity of a merchandise alters in response to price adjustments.
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