Discuss Two Shortcomings of the Social Readjustment Rating Scale (SRRS)

question 169

Essay

Discuss two shortcomings of the Social Readjustment Rating Scale (SRRS)?

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Definitions:

Compounded Quarterly

Compounded quarterly refers to the calculation of interest on the initial principal and the accumulated interest over previous periods every quarter.

Interest Rate

The percent of principal charged by the lender for the use of its money.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return, used in assessing investment opportunities.

Compounded Annually

Describes how interest on an investment or loan is calculated once a year, with each year's interest based on the principal plus any previously earned interest.