Answer:
C. What the program will ultimately cost the federal government
Explanation:
The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 was an attempt to make improvements or amendments to the Social Security Act. It radically changed the playing field for private plans participating in the Medicare program by substantially raising monthly payment rates in an effort to stabilize the market and reverse the decline in benefit generosity. It also provided for voluntary prescription drugs under the medicare program. However, the utilization and cost of the program skyrocketed as soon as the funding source was established. It has remained unknown what the program will ultimately cost the federal government, no wonder the current administration under Trump wants to turn it upside down.
Answer:
$33,750
Explanation:
Given that
Bond per share = $750,000
Issued Amount = 9%
The computation of amount which is to be paid to the bondholders for every semi-annual interest payment is given below :-
Interest payment = bond per share × issued amount × (number of months ÷ total number of months in a year)
= $750,000 × 9% × 6 months ÷ 12 months
= $33,750
Answer:
10%
Explanation:
Cost of kiosk last year = $750
Cost of kiosk this year = $825
Percentage increase = $825-$750 / $750 * 100
Percentage increase = $75 / $750 * 100
Percentage increase = 10%
So the percentage increase in the cost of rent is 10%.
Answer:
total tax liability = $6,000
marginal tax rate = 20%
Explanation:
total tax liability = ($4,000 x 10%) + [($50,000 - $40,000) x 20%] = $4,000 + $2,000 = $6,000
The marginal tax rate is the tax rate applicable to an additional dollar of income. Since the $50,000 income falls into the second bracket, the marginal tax rate is 20%.
