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What Is the Difference Between a Nominal Interest Rate and an Effective

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What is the difference between a nominal interest rate and an effective interest rate?


Definitions:

ADLs

Activities of Daily Living; everyday tasks such as eating, bathing, dressing, toileting, and transferring (walking).

Glasgow Coma Scale

A neurologic scale designed to provide a consistent, objective method to document a person's level of consciousness at the time of initial evaluation and during follow-up assessments.

Head Injury

Physical trauma to the head, which can lead to various levels of brain impairment, ranging from mild concussions to severe brain damage.

Staphylococcal Meningitis

An infection of the protective membranes covering the brain and spinal cord caused by Staphylococcus bacteria.

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