Explain the Difference Between APR and APY

question 8

Essay

Explain the difference between APR and APY.

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Definitions:

Peripheral Cue

In persuasive communication, these are often non-central elements that influence attitudes or decisions, such as the attractiveness of a speaker.

Persuasive Argument

A statement or series of statements aimed at convincing others to accept a certain viewpoint or take a particular action.

Attractiveness

A feature or combination of features that pleases the aesthetic senses, especially the sight, or appeals to other social or biological senses.

Speaker

An individual who expresses thoughts, feelings, or information verbally to others.