Msg ID:
2769537 |
Q: Is it better to get 3% annually, or 1.5% semiannually (NT) +0/-2
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Author:in pay raises?
3/28/2023 11:55:29 AM
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Msg ID:
2769538 |
Q: Is it better to get 3% annually, or 1.5% semiannually +0/-0
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Author:Not sure but
3/28/2023 12:10:38 PM
Reply to: 2769537
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I would ask the PHI mechanics |
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Msg ID:
2769546 |
Q: Is it better to get 3% annually, or 1.5% semiannually +1/-0
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Author:Slug
3/28/2023 1:17:37 PM
Reply to: 2769537
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If limited to a 3% increase annually, I would prefer take the .25% monthly or even better a 0.01 daily increase. |
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Msg ID:
2769547 |
Q: Is it better to get 3% annually, or 1.5% semiannually +0/-0
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Author:olderendirt
3/28/2023 1:29:39 PM
Reply to: 2769537
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1.5% semi-annually will be 134.69% of your present salary after 10 years.
3% annually is 134.39% of your present salary after 10 years. Not a huge difference, 0.3%.
A present annual salary of $120,000 would be $161,270 after 10 years at 3% annually, but $161,623 at 1.5% semi-annually.... |
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Msg ID:
2769549 |
1.5 Semianually as you benefit from the compounding effect (NT) +1/-0
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Author:---
3/28/2023 1:38:20 PM
Reply to: 2769537
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Msg ID:
2769551 |
1.5 Semianually as you benefit from the compounding effect +0/-0
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Author:$$
3/28/2023 2:42:38 PM
Reply to: 2769549
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If the interest compounds, 1.5% semi annually all the way, or smaller more often incriments. |
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Msg ID:
2769671 |
Q: Is it better to get 3% annually, or 1.5% semiannually +1/-0
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Author:1.5
3/29/2023 3:04:26 PM
Reply to: 2769537
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Juz like compound interest. The period certain counts like crazy over time. |
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