What Are the Components of Facility-Based Long-Term Care? Select All

question 23

Multiple Choice

What are the components of facility-based long-term care? Select all that apply.

• A) Provide companionship services
• B) Provide accommodations
• C) Provide hospitality services
• D) Provide health services

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Definitions:

Compounded Annually

An interest calculation method where interest is added to the principal once a year, affecting the calculation of future interest.

Compounded Monthly

An interest calculation method where interest is added to the principal balance monthly, causing the total amount of interest to grow at an increasing rate.

Compounded Annually

The method of calculating interest where the total interest is added to the principal once per year, resulting in interest earning interest annually.

Perpetuity

A type of annuity that pays a fixed sum of money to an individual indefinitely.