Historically, Directors of Child Development Programs Have Come from What

question 2

Multiple Choice

Historically, directors of child development programs have come from what background?

• A)Highly trained professionals with graduate degrees.
• B)Teachers who have been working in the program.
• C)Family members of the children in care.
• D)People who attend the same church.

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Definitions:

Time Value

The viewpoint that money on hand today is considered more valuable than the same amount received in the future, due to potential earnings.

Money

A medium of exchange that facilitates trade, acting as a unit of account, a store of value, and sometimes, a standard of deferred payment.

Present Value Factors

Multipliers used in calculating the present value of a future cash flow, taking into account the time value of money and interest rates.

Future Value Factors

Future value factors are quantitative measures used in calculating the future value of an investment based on its present value, interest rate, and time period.