Originally Posted by Duekster
405 X 12 = 4860
4860 / 9 months of work = 504
504 /160 hours a month = 3.15 per hour
You need to make a profit on that investment ? You could get 15% in the stock market?
You need your operating cost... GTO Insurance? Inflation? What
You want to make 70K a year?
70K / 9 month = 7777
7777/160 = 48 per hour
You have to pay taxes so 25% is good so you need to make $60.00 per hour
plus your EQ and operating cost.
I really appreciate your reply! What is GTO insurance also what do you mean by inflation? I know what inflation is but I'm just not sure how that works in to this. So basically your saying $60 per hour total including everything, or $60 and then more for the EQ and operating cost?