Web Winder Website Calculators: Free Calculators: Increase-Your-Wage Calculator

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Terms of Use: You may install this STM on your site for free, so long as my copyright info remains embedded in the code and the link back to my site is visible on the page you install the calculator on. If you would like to purchase a license for the latest commercial grade (professional) version of this STM, please visit our Commercial Calculator Center.

Increase-Your-Wage Calculator
If you work one hour and spend that hour's entire wage on a non-necessary, non-appreciating purchase, you have effectively limited the value of one hour's wage to its face value. On the other hand, if you were to invest all or part of the one hour's wage into an interest earning investment, this would serve to increase that hour's wage by an amount equal to the total interest earned by the investment. In other words, the person who is ultimately responsible for setting your hourly wage rate is not your boss--it's YOU! The calculator below will calculate the future value of your hourly wage based on the portion invested, the annual rate of return, and the number of years invested. Instructions: Shortcut: Fill in all the blanks in the Scenario #1 column and then click on "Compute Purchase & Ownership Costs." This will automatically copy Scenario #1 values into the Scenario #2 column.
Hourly Wage	$ Portion Invested	Interest Rate	# of Years	Future Value	Interest Earned



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Contact: Dan Peterson
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Bemidji, MN 56619
(218) 243-2263