Question: a ) What are APR * and * APY rates of investment X that earns 0 . 2 % per week, compounded weekly? b )
a What are APR and APY rates of investment X that earns per week, compounded weekly?
b Investment Y offers the same APR as investment X and the same length of the investment but the interest is compounded semiannually. If rates for investment X and investment Y fairly compensate investors for inflation losses, losses of profitable opportunities, and risk which of the two investments is likely riskier and why?
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