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Anonymous
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assuming you have to work 8 hrs a day and 20 days a month ... then 15000 a year === $7.8 per/hr
5 yrs @ 7% = 35% in total. 35% of 15000 = 35 x 150 = 5250
18750
1% of 15000 = 150
6947.91 will be sufficient.