The Nurse Discusses Preparation for School with the Parents of a 6-Year-Old

question 21

Multiple Choice

The nurse discusses preparation for school with the parents of a 6-year-old girl who will soon be starting first grade.The nurse determines that the parents understood the information when the girl's father states:

• A) "We should put a stop to her thumb-sucking. "
• B) "We'll have a talk about what school is like. "
• C) "We will let her walk to the bus stop by herself. "
• D) "We'll have her meet some children who will be in her class. "

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Definitions:

Nominal Rate

The interest rate before adjustments for inflation, as opposed to the real rate which is adjusted for inflation.

APR

The Annual Percentage Rate (APR) is a measure of the cost of borrowing that includes interest and other fees, shown as a yearly rate.

Compound Interest

The concept of earning interest on previously earned interest. A sum earning compound interest grows exponentially over time.

Interest

The expense associated with taking out a loan or the earnings from an investment, usually quantified as a percent of the initial amount.