Answer:
C. Debt to Income Ratio
Explanation:
The debt to income ratio (DTI)provides a picture of the level of debts of a borrower. The DTI is usually expressed as a percentage of gross income. A high debt to income ratio indicates a person spends a high percentage of income on paying debts.
Lenders use the debt to income ratio to assess a borrower's ability to repay debts. Individuals with low DTI are preferred to those with a high one.
Answer: After Tax Nominal Rate - 12.6%
After Tax Real Rate - 3.6%
Explanation:
<em>Real Rate of return is defined as the nominal interest rate less inflation. </em>
The After Tax Real Rate therefore caters for tax from the Nominal rate and then deducts Inflation.
The formula is,
= Nominal Rate( 1 - tax rate) - Inflation rate
= 14% ( 1 - 10% ) - 9%
= 14 ( 90% ) - 9
= 3.6%
The <em>Nominal Rate is simply the Real Rate plus Inflation</em>. The After tax real rate has already being found so the After Tax Nominal Rate is,
= 3.6 + 9
= 12.6%
The completion of the following Medicare mathematical calculations by putting in the correct amounts is as follows:
a. Medicare payment: $173.60
b. Patient owes Dr. Input: $226.40
c. Dr. Input’s courtesy adjustment: $50
<h3>What is the courtesy adjustment?</h3>
Courtesy adjustment is the write-off of a part of the medical bills to reduce the payment burden on the patients not fully covered by Medicare.
<h3>Data and Calculations:</h3>
Original bill = $450
Unmet deductible = $183
a. Medicare payment: $173.60 ($400 x 43.4%)
b. Patient owes Dr. Input: $226.40 ($400 x 56.6%)
c. Dr. Input’s courtesy adjustment: $50 ($450 - $400)
Learn more about Medicare Payments at brainly.com/question/1960701
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<h3>Question Completion:</h3>
a. Medicare payment:
b. Patient owes Dr. Input:
c. Dr. Input’s courtesy adjustment:
