4 ms·
I was doing a back of the envelope NPV calculation - 30 years of 0.5% payments -> 15%. Depending in the discount rate, it's less than that; which is why I said
by mckoss 15y ago
I was doing a back of the envelope NPV calculation - 30 years of 0.5% payments -> 15%. Depending in the discount rate, it's less than that; which is why I said "nearly".
- yardie 15y agoWow, you've taken 2 numbers that don't have anything in common except the word year and managed to produce an irrelevant value. Using your calculation 40 years * 30% FICA means I'm paying 1200% income tax. Fox News would be proud.