| A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | AA | AB | |
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1 | A woman earns $25k out of school while a man earns $30k, because he negotiated for a higher starting salary. | future value calculations | ||||||||||||||||||||||||||
2 | Because the man is able to bank the difference each year and earn 3% interest, compounding interest will enable him to earn $1m+ more than the woman. | |||||||||||||||||||||||||||
3 | ||||||||||||||||||||||||||||
4 | age | female salary | male salary | difference | future value of difference | net difference | present value | $5,000.00 | present value | $6,921.17 | present value | $9,580.52 | present value | $13,261.68 | ||||||||||||||
5 | 22 | $25,000.00 | $30,000.00 | $5,000.00 | $19,254.66 | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | |||||||||||||||
6 | 23 | $25,750.00 | $30,900.00 | $5,150.00 | $19,246.89 | term (years) | 45 | term (years) | 34 | term (years) | 23 | term (years) | 12 | |||||||||||||||
7 | 24 | $26,522.50 | $31,827.00 | $5,304.50 | $19,239.12 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | |||||||||||||||
8 | 25 | $27,318.18 | $32,781.81 | $5,463.64 | $19,231.35 | |||||||||||||||||||||||
9 | 26 | $28,137.72 | $33,765.26 | $5,627.54 | $19,223.59 | fv | $19,254.66 | fv | $19,169.33 | fv | $19,084.39 | fv | $18,999.81 | |||||||||||||||
10 | 27 | $28,981.85 | $34,778.22 | $5,796.37 | $19,215.83 | |||||||||||||||||||||||
11 | 28 | $29,851.31 | $35,821.57 | $5,970.26 | $19,208.07 | present value | $5,150.00 | present value | $7,128.80 | present value | $9,867.93 | present value | $13,659.53 | |||||||||||||||
12 | 29 | $30,746.85 | $36,896.22 | $6,149.37 | $19,200.32 | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | |||||||||||||||
13 | 30 | $31,669.25 | $38,003.10 | $6,333.85 | $19,192.57 | term (years) | 44 | term (years) | 33 | term (years) | 22 | term (years) | 11 | |||||||||||||||
14 | 31 | $32,619.33 | $39,143.20 | $6,523.87 | $19,184.82 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | |||||||||||||||
15 | 32 | $33,597.91 | $40,317.49 | $6,719.58 | $19,177.08 | |||||||||||||||||||||||
16 | 33 | $34,605.85 | $41,527.02 | $6,921.17 | $19,169.33 | fv | $19,246.89 | fv | $19,161.60 | fv | $19,076.68 | fv | $18,992.14 | |||||||||||||||
17 | 34 | $35,644.02 | $42,772.83 | $7,128.80 | $19,161.60 | |||||||||||||||||||||||
18 | 35 | $36,713.34 | $44,056.01 | $7,342.67 | $19,153.86 | present value | $5,304.50 | present value | $7,342.67 | present value | $10,163.97 | present value | $14,069.31 | |||||||||||||||
19 | 36 | $37,814.74 | $45,377.69 | $7,562.95 | $19,146.13 | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | |||||||||||||||
20 | 37 | $38,949.19 | $46,739.02 | $7,789.84 | $19,138.40 | term (years) | 43 | term (years) | 32 | term (years) | 21 | term (years) | 10 | |||||||||||||||
21 | 38 | $40,117.66 | $48,141.19 | $8,023.53 | $19,130.67 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | |||||||||||||||
22 | 39 | $41,321.19 | $49,585.43 | $8,264.24 | $19,122.95 | |||||||||||||||||||||||
23 | 40 | $42,560.83 | $51,072.99 | $8,512.17 | $19,115.23 | fv | $19,239.12 | fv | $19,153.86 | fv | $19,068.98 | fv | $18,984.48 | |||||||||||||||
24 | 41 | $43,837.65 | $52,605.18 | $8,767.53 | $19,107.52 | |||||||||||||||||||||||
25 | 42 | $45,152.78 | $54,183.34 | $9,030.56 | $19,099.80 | present value | $5,463.64 | present value | $7,562.95 | present value | $10,468.89 | present value | $14,491.39 | |||||||||||||||
26 | 43 | $46,507.36 | $55,808.84 | $9,301.47 | $19,092.09 | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | |||||||||||||||
27 | 44 | $47,902.59 | $57,483.10 | $9,580.52 | $19,084.39 | term (years) | 42 | term (years) | 31 | term (years) | 20 | term (years) | 9 | |||||||||||||||
28 | 45 | $49,339.66 | $59,207.60 | $9,867.93 | $19,076.68 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | |||||||||||||||
29 | 46 | $50,819.85 | $60,983.82 | $10,163.97 | $19,068.98 | |||||||||||||||||||||||
30 | 47 | $52,344.45 | $62,813.34 | $10,468.89 | $19,061.28 | fv | $19,231.35 | fv | $19,146.13 | fv | $19,061.28 | fv | $18,976.81 | |||||||||||||||
31 | 48 | $53,914.78 | $64,697.74 | $10,782.96 | $19,053.59 | |||||||||||||||||||||||
32 | 49 | $55,532.23 | $66,638.67 | $11,106.45 | $19,045.90 | present value | $5,627.54 | present value | $7,789.84 | present value | $10,782.96 | present value | $14,926.13 | |||||||||||||||
33 | 50 | $57,198.19 | $68,637.83 | $11,439.64 | $19,038.21 | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | |||||||||||||||
34 | 51 | $58,914.14 | $70,696.97 | $11,782.83 | $19,030.52 | term (years) | 41 | term (years) | 30 | term (years) | 19 | term (years) | 8 | |||||||||||||||
35 | 52 | $60,681.56 | $72,817.87 | $12,136.31 | $19,022.84 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | |||||||||||||||
36 | 53 | $62,502.01 | $75,002.41 | $12,500.40 | $19,022.84 | |||||||||||||||||||||||
37 | 54 | $64,377.07 | $77,252.48 | $12,875.41 | $19,015.16 | fv | $19,223.59 | fv | $19,138.40 | fv | $19,053.59 | fv | $18,969.15 | |||||||||||||||
38 | 55 | $66,308.38 | $79,570.06 | $13,261.68 | $18,999.81 | |||||||||||||||||||||||
39 | 56 | $68,297.63 | $81,957.16 | $13,659.53 | $18,992.14 | present value | $5,796.37 | present value | $8,023.53 | present value | $11,106.45 | present value | $15,373.92 | |||||||||||||||
40 | 57 | $70,346.56 | $84,415.87 | $14,069.31 | $18,984.48 | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | |||||||||||||||
41 | 58 | $72,456.96 | $86,948.35 | $14,491.39 | $18,976.81 | term (years) | 40 | term (years) | 29 | term (years) | 18 | term (years) | 7 | |||||||||||||||
42 | 59 | $74,630.67 | $89,556.80 | $14,926.13 | $18,969.15 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | |||||||||||||||
43 | 60 | $76,869.59 | $92,243.50 | $15,373.92 | $18,961.49 | |||||||||||||||||||||||
44 | 61 | $79,175.67 | $95,010.81 | $15,835.13 | $18,953.84 | fv | $19,215.83 | fv | $19,130.67 | fv | $19,045.90 | fv | $18,961.49 | |||||||||||||||
45 | 62 | $81,550.94 | $97,861.13 | $16,310.19 | $18,946.19 | |||||||||||||||||||||||
46 | 63 | $83,997.47 | $100,796.97 | $16,799.49 | $18,938.54 | present value | $5,970.26 | present value | $8,264.24 | present value | $11,439.64 | present value | $15,835.13 | |||||||||||||||
47 | 64 | $86,517.40 | $103,820.88 | $17,303.48 | $18,930.90 | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | |||||||||||||||
48 | 65 | $89,112.92 | $106,935.50 | $17,822.58 | $18,923.25 | term (years) | 39 | term (years) | 28 | term (years) | 17 | term (years) | 6 | |||||||||||||||
49 | 66 | $91,786.31 | $110,143.57 | $18,357.26 | $18,915.62 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | |||||||||||||||
50 | 67 | $94,539.90 | $113,447.88 | $18,907.98 | ||||||||||||||||||||||||
51 | $482,507.29 | $858,824.52 | $1,341,331.80 | fv | $19,208.07 | fv | $19,122.95 | fv | $19,038.21 | fv | $18,953.84 | |||||||||||||||||
52 | ||||||||||||||||||||||||||||
53 | present value | $6,149.37 | present value | $8,512.17 | present value | $11,782.83 | present value | $16,310.19 | ||||||||||||||||||||
54 | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | ||||||||||||||||||||
55 | term (years) | 38 | term (years) | 27 | term (years) | 16 | term (years) | 5 | ||||||||||||||||||||
56 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | ||||||||||||||||||||
57 | ||||||||||||||||||||||||||||
58 | fv | $19,200.32 | fv | $19,115.23 | fv | $19,030.52 | fv | $18,946.19 | ||||||||||||||||||||
59 | ||||||||||||||||||||||||||||
60 | present value | $6,333.85 | present value | $8,767.53 | present value | $12,136.31 | present value | $16,799.49 | ||||||||||||||||||||
61 | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | ||||||||||||||||||||
62 | term (years) | 37 | term (years) | 26 | term (years) | 15 | term (years) | 4 | ||||||||||||||||||||
63 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | ||||||||||||||||||||
64 | ||||||||||||||||||||||||||||
65 | fv | $19,192.57 | fv | $19,107.52 | fv | $19,022.84 | fv | $18,938.54 | ||||||||||||||||||||
66 | ||||||||||||||||||||||||||||
67 | present value | $6,523.87 | present value | $9,030.56 | present value | $12,500.40 | present value | $17,303.48 | ||||||||||||||||||||
68 | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | ||||||||||||||||||||
69 | term (years) | 36 | term (years) | 25 | term (years) | 14 | term (years) | 3 | ||||||||||||||||||||
70 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | ||||||||||||||||||||
71 | ||||||||||||||||||||||||||||
72 | fv | $19,184.82 | fv | $19,099.80 | fv | $19,015.16 | fv | $18,930.90 | ||||||||||||||||||||
73 | ||||||||||||||||||||||||||||
74 | present value | $6,719.58 | present value | $9,301.47 | present value | $12,875.41 | present value | $17,822.58 | ||||||||||||||||||||
75 | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | interest rate | 3.00% | ||||||||||||||||||||
76 | term (years) | 35 | term (years) | 24 | term (years) | 13 | term (years) | 2 | ||||||||||||||||||||
77 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | compounding periods per year | 12 | ||||||||||||||||||||
78 | ||||||||||||||||||||||||||||
79 | fv | $19,177.08 | fv | $19,092.09 | fv | $19,007.49 | fv | $18,923.25 | ||||||||||||||||||||
80 | ||||||||||||||||||||||||||||
81 | present value | $18,357.26 | ||||||||||||||||||||||||||
82 | interest rate | 3.00% | ||||||||||||||||||||||||||
83 | term (years) | 1 | ||||||||||||||||||||||||||
84 | compounding periods per year | 12 | ||||||||||||||||||||||||||
85 | ||||||||||||||||||||||||||||
86 | fv | $18,915.62 | ||||||||||||||||||||||||||
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