3 ms·
The salary in this example is per year, the rent is per month. So actually a 10% rent increase is $1200 per year and a 1% salary increase is $1000 per year for
by thetrb 12y ago
The salary in this example is per year, the rent is per month. So actually a 10% rent increase is $1200 per year and a 1% salary increase is $1000 per year for a net loss of $200.
- Domenic_S 12y agoWhoops, you're right. Point still stands though, comparing growth the way the GP did is misleading.