According to the Survey Done by the Cost,Quality & Child

question 10

Multiple Choice

According to the survey done by the Cost,Quality & Child Outcomes Team,most parents:

• A)think that their children's child care is about as good as it really is.
• B)think that their children's child care is better than it really is.
• C)think that their children's child care is worse than it really is.
• D)do not think very much about their children's child care.

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Definitions:

Compounding

The process whereby interest is credited to an existing principal amount as well as to interest already paid, causing the investment to grow at an accelerating rate.

Time Value

A financial principle stating that an identical amount of money has more value if it's accessible now rather than later, thanks to its capability to earn more over time.

Money

A medium of exchange that enables people and businesses to buy goods and services; recognized by a society to have value for transactions.

Annuity Due

A series of equal payments made at the beginning of consecutive periods over a fixed length of time.