Many Nursing Home Residents Have Major Physical And/or Cognitive Problems

question 143

True/False

Many nursing home residents have major physical and/or cognitive problems that prevent them from living in any other setting,or they do not have available caregivers in their family.Women are more likely to enter nursing homes because of their greater life expectancy,higher rates of chronic illness,and higher rates of widowhood.

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Definitions:

Equivalent Amount

An equivalent amount refers to a value that has the same worth or value as another in a different form or denomination.

Money

A medium of exchange that is widely accepted in payment for goods and services and in settlement of debts.

Annually Compounded

Refers to the process of calculating and adding interest to a principal sum once per year.

Maturity Values

The amount payable to the holder of a financial instrument at its maturity date, often the principal plus interest.