chevon23
May 31, 2012, 09:04 AM
What is the ratio of future earnings to present earnings if currently an employee makes $21 a hour and 10 years from now he expects to earn $105 a hour?
C0bra_M3nace
May 31, 2012, 09:11 AM
what is the ratio of future earnings to present earnings if currently an employee makes $21 a hour and 10 years from now he expects to earn $105 a hour?
Suspecting you work all year round, with no time off and no deductions.
1920 hours per year at $21/hr = $40,320.00
1920 hours per year at $105/hr - $201,600.00
Ratio is 5:1 ten years from now.
Could have made that easier, but I was curious to see salary :)