Also, don't forget this investment is POST TAX, so...
On a salary of $277,500, his monthly salary is $23,125
Tax withheld - $8,428
Take home - $14,697/m
$14,697/m x 12 = $176,364 take home salary.
Investment = $69,007
Paul invested 39% of his take home salary in this raise.
THAT is conviction.
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Also, don't forget this investment is POST TAX, so...On a salary...
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