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UPS EMPLOYEES START NEW UNION!
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<blockquote data-quote="feeders" data-source="post: 55449"><p>Posted: Tue Mar 01, 2005 1:37 pm Post subject: </p><p></p><p>--------------------------------------------------------------------------------</p><p> </p><p> </p><p></p><p>Just look at these calculations of what UPS pays today, compounded annually at only 7% for 30 years. Mind blowing isn't it? </p><p></p><p>Your Monthly Deposit for 30 Years of $ 760.00 </p><p>for an Interest Rate of 7.000 % compounded Annually </p><p>With an Initial Amount of $ 8600.00: </p><p>Yr Mo Ending </p><p>Balance Average </p><p>Balance </p><p>1 12 18614.60 12780.00 </p><p>2 12 29330.22 22794.60 </p><p>3 12 40795.94 33510.22 </p><p>4 12 53064.25 44975.94 </p><p>5 12 66191.35 57244.25 </p><p>6 12 80237.35 70371.35 </p><p>7 12 95266.56 84417.35 </p><p>8 12 111347.82 99446.56 </p><p>9 12 128554.77 115527.82 </p><p>10 12 146966.20 132734.77 </p><p>11 12 166666.43 151146.20 </p><p>12 12 187745.68 170846.43 </p><p>13 12 210300.48 191925.68 </p><p>14 12 234434.12 214480.48 </p><p>15 12 260257.10 238614.12 </p><p>16 12 287887.70 264437.10 </p><p>17 12 317452.44 292067.70 </p><p>18 12 349086.71 321632.44 </p><p>19 12 382935.38 353266.71 </p><p>20 12 419153.46 387115.38 </p><p>21 12 457906.80 423333.46 </p><p>22 12 499372.88 462086.80 </p><p>23 12 543741.58 503552.88 </p><p>24 12 591216.09 547921.58 </p><p>25 12 642013.81 595396.09 </p><p>26 12 696367.38 646193.81 </p><p>27 12 754525.70 700547.38 </p><p>28 12 816755.10 758705.70 </p><p>29 12 883340.55 820935.10 </p><p>30 12 954586.99 887520.55 </p><p></p><p>Final Savings Balance: $ 954586.99 </p><p>Initial Investment plus Monthly Contributions: $ 282200.00 </p><p>Total Interest Earned: $ 672386.99 </p><p></p><p>That equals $954,586.00 </p><p>Even a safe Tbill @ 4% would give you $38,183 a year in interest. Then you decide how much of the principle you eat in a year. Could you live long enough to spend it all at $7,000 a month?</p><p></p><p>If anyone is wondering: at 12% compounded annually, the balance would be over $3 Million!</p><p></p><p></p><p><strong>COME STAND WITH US!</strong></p><p></p><p>(Message edited by feeders on February 28, 2005)</p><p></p><p>(Message edited by feeders on February 28, 2005)</p></blockquote><p></p>
[QUOTE="feeders, post: 55449"] Posted: Tue Mar 01, 2005 1:37 pm Post subject: -------------------------------------------------------------------------------- Just look at these calculations of what UPS pays today, compounded annually at only 7% for 30 years. Mind blowing isn't it? Your Monthly Deposit for 30 Years of $ 760.00 for an Interest Rate of 7.000 % compounded Annually With an Initial Amount of $ 8600.00: Yr Mo Ending Balance Average Balance 1 12 18614.60 12780.00 2 12 29330.22 22794.60 3 12 40795.94 33510.22 4 12 53064.25 44975.94 5 12 66191.35 57244.25 6 12 80237.35 70371.35 7 12 95266.56 84417.35 8 12 111347.82 99446.56 9 12 128554.77 115527.82 10 12 146966.20 132734.77 11 12 166666.43 151146.20 12 12 187745.68 170846.43 13 12 210300.48 191925.68 14 12 234434.12 214480.48 15 12 260257.10 238614.12 16 12 287887.70 264437.10 17 12 317452.44 292067.70 18 12 349086.71 321632.44 19 12 382935.38 353266.71 20 12 419153.46 387115.38 21 12 457906.80 423333.46 22 12 499372.88 462086.80 23 12 543741.58 503552.88 24 12 591216.09 547921.58 25 12 642013.81 595396.09 26 12 696367.38 646193.81 27 12 754525.70 700547.38 28 12 816755.10 758705.70 29 12 883340.55 820935.10 30 12 954586.99 887520.55 Final Savings Balance: $ 954586.99 Initial Investment plus Monthly Contributions: $ 282200.00 Total Interest Earned: $ 672386.99 That equals $954,586.00 Even a safe Tbill @ 4% would give you $38,183 a year in interest. Then you decide how much of the principle you eat in a year. Could you live long enough to spend it all at $7,000 a month? If anyone is wondering: at 12% compounded annually, the balance would be over $3 Million! [B]COME STAND WITH US![/B] (Message edited by feeders on February 28, 2005) (Message edited by feeders on February 28, 2005) [/QUOTE]
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