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Contracts in Social Work Practice Specify Goals to Be Accomplished

question 13

Multiple Choice

Contracts in social work practice specify goals to be accomplished and the tasks to be performed to accomplish them. Which of the following is correct regarding formulation of a contract?


Definitions:

Ordinary Annuity

A series of equal payments made at regular intervals, such as monthly or annually, with the payments occurring at the end of each period.

Investment Account

A financial account held by an investment dealer that enables individuals to purchase securities such as stocks, bonds, and mutual funds.

Annually

Happening annually.

EAR

The Effective Annual Rate, a measurement of interest that takes into account the effect of compounding over the period of time it is applied.

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