Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Contract Prediction
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="35years" data-source="post: 3449236" data-attributes="member: 60822"><p>First you say 75 then 85</p><p></p><p></p><p>The math is not quite that simple.</p><p>Each year you build off of the raise from the prior year.</p><p>Kind of like compound interest...</p><p>So $.85 a year for 5 years would be OK ; but for 10 years not so much.</p><p></p><p>Here is an online calculator</p><p><a href="https://smartasset.com/investing/inflation-calculator#xE8zuqrDoO" target="_blank">Best Inflation Calculator (2018) - Historical & Future Value | SmartAsset.com</a></p><p></p><p>Use 2017 as your starting year because otherwise we get no raise for 2018 in the calculation.</p><p>$36.90 is worth $46.51 in 2028 at 2.1% inflation.</p></blockquote><p></p>
[QUOTE="35years, post: 3449236, member: 60822"] First you say 75 then 85 The math is not quite that simple. Each year you build off of the raise from the prior year. Kind of like compound interest... So $.85 a year for 5 years would be OK ; but for 10 years not so much. Here is an online calculator [URL='https://smartasset.com/investing/inflation-calculator#xE8zuqrDoO']Best Inflation Calculator (2018) - Historical & Future Value | SmartAsset.com[/URL] Use 2017 as your starting year because otherwise we get no raise for 2018 in the calculation. $36.90 is worth $46.51 in 2028 at 2.1% inflation. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Contract Prediction
Top
