Question
Juana is a single non-homeowner. She receives the full amount of Age Pension and her only assets are $52,500 cash. She accepts an aged care
Juana is a single non-homeowner. She receives the full amount of Age Pension and her only assets are $52,500 cash. She accepts an aged care place.
Showing your workings
Calculate her aged care fees
What are her options in paying the accomodation contribution of her aged care fees?
Assume Juana sold her home for $400,000 and used all the proceeds to pay for the aged care accommodation contribution as a Refundable Accommodation Deposit. What would be her aged care fees in this case?
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International Project Finance
Authors: Felix I. Lessambo
1st Edition
3030963896, 978-3030963897
