The annual interest rate is restated to be the quarterly rate of i = 2% (8% per year divided by 4 three-month periods). The present value of $10,000 will grow to a future value of $10,824 (rounded) at the end of one year when the 8% annual interest rate is compounded quarterly. Future Values for Greater Than One Year.
What Is Professional Development in Early Childhood Education? NAEYC defines professional development as initial preparation (preservice) and learning experiences (inservice) designed to improve the knowledge, skills/behaviors, and attitudes/values of the early childhood workforce.rofessional development provides the path to achieving this goal. Professional development is required for the early childhood workforce. This diverse workforce includes center-and school-based early childhood program administrators, teaching staff, and family child care providers, and others.
Continuing Professional Development (CPD) is timely professional updating. It is the process of learning for professionals. A definition of CPD is: âThe systematic maintenance, enhancement and development of knowledge and skill, and the development of personal qualities necessary for the execution of professional and technical duties